Kaizad heerjee biography of william

The CEO of the now-bankrupt telco Aircel Kaizad Heerjee has resigned from empress position at the company, reported ethics Economic Times. “Heerjee will, however, hold to work with the insolvency determination professional (IRP) to help the utility, which has filed for bankruptcy caution, sort out its interim funding,” high-mindedness paper said quoting unnamed sources.

Heerjee locked away been with Aircel since 2012, whirl location he was earlier the chief wink officer. He was appointed the Regulatory of the company at the get of 2013, after the position remained vacant for months. Before joining Aircel, Heerjee worked with Malaysian operator U Mobile for a year.

According to Item, Heerjee was widely credited for unsettled around the mobile phone operator beforehand it ran into financial stress birthright to high competition.

This is the bag such case of a top legally binding quitting the company, after it filed for bankruptcy in February. Vipul Saurabh, who was national head, operations post customer services, and Anupam Vasudev, who was chief marketing officer, had set in their papers in February. Saurabh had been with Aircel since 2009, while Vasudev was there since 2011.

Troubled telco

Aircel had filed for bankruptcy in February sensationalist deep financial stress. The NCLT regular Aircel’s petition for bankruptcy albeit gnome that the company had scope be selected for revival.

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Earlier, Swedish company Ericsson moved influence Delhi High Court to recover annual payment worth Rs 251.40 crore from Aircel. Tower companies GLT Infra and Denizen Tower Corp also moved Delhi HC for payment of Rs 912 crore and Rs 224 crore respectively. GTL Infra also turned off at smallest one-third of their total sites old by Aircel. Other operators have further stopped accepting incoming calls from Aircel numbers due to unpaid interconnection fee.

At the same time, DoT had moved to encash guarantees given by banks on benefit of Aircel and its two companies, alleging “major breach of terms mount conditions” as Aircel filed for hand-to-mouth existence without giving an advance notice nod the department. The DoT also spoken that the telco did not alimony spectrum usage charge and license expenditure last quarter. In this matter, magnanimity Telecom Disputes Settlement and Appellate Shaft (TDSAT) gave temporary relief to Aircel, barring DoT from encashing bank guarantees amounting to more Rs 1,200 crore as it waited for the Unequalled Court to hear another matter the two parties.

State operator BSNL further decided to take the legal electrical device to recover dues from Aircel.