NEW DELHI: Red FM said today that the directive of the Delhi High Court to allow it to participate in mock auctions for FM Radio Phase III “has strengthened our belief in the judicial system.”

The radio network was also happy that the court had taken ‘cognizance of our pleas to allow us to participate in the mock auctions.’

In a brief statement, Red FM said, “We have always maintained that our business is a professionally managed entity and it’s unfair to penalize a well-run, successful business and its employees.”

It added, “We also strongly believe that not allowing us to participate the Phase III auctions is an attack on media freedom.”

While giving the interim order today, the Court had fixed the next date of hearing for 24 July.

While the mock auctions are being held today and tomorrow, the main e-auction begins from 27 July for the first batch.