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Net 4 India gets brief reprieve from ICANN suspension

Kevin Murphy, July 8, 2019, 11:02:22 (UTC), Domain Registrars

India registrar Net 4 India has been given a bit of breathing space by ICANN, following its suspension last month.
ICANN suspended the registrar’s accreditation a month ago, effective June 21, after discovering the company had been in insolvency proceedings for some time.
But on June 20 ICANN updated its suspension notice to give Net4 more time to comply. It now has until September 4, the same day its insolvency case is expected to end, to provide ICANN with documentation showing it is still a going concern.
The registrar was sued by a debt collector that had acquired some Rs 1.94 billion ($28 million) of unpaid debts from an Indian bank.
ICANN’s updated suspension notice adds that Net4 is to provide monthly status updates, starting July 18, if it wants to keep its accreditation.
The upshot of all this is that the registrar can carry on selling gTLD domains and accepting inbound transfers for at least another couple months.

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