Sun TV moves SC against property attachment by ED | DTH Forum with Fastest DTH Updates

CHANNEL LIST Sun TV moves SC against property attachment by ED
#1
MUMBAI: Kalanithi Maran-promoted
Sun TV Network has moved the
Supreme Court against the
Enforcement Directorate’s (ED)
decision to attach its assets worth Rs
742.58 crore (Rs 7.43 billion).
A bench headed by chief justice H.L.
Dattu said that they would pass
appropriate orders when the case
comes up for consideration, according
to a report in Mint.
Sun TV has contended that the case
does not fall within the ambit of the
2G spectrum scam case.
Earlier, the Madras High Court had
dismissed petitions filed by Sun TV and
Kal Communications challenging the
attachment of their properties by the
ED in the Aircel-Maxis case.
The bench of Justice M.
Sathyanarayanan had said that he was
not inclined to entertain the plea
since the case is being monitored by
the Supreme Court. The bench
directed Sun TV Network and Kal
Communications, the cable TV arm of
the Sun Group, to approach the
Supreme Court.
Senior counsels Kapil Sibal and P S
Raman, appearing on behalf of Sun TV
and Kal, had contended that the
properties were acquired much before
probe into the Aircel-Maxis case
started. They also questioned as to
why the properties of other firms
accused in the case had not been
attached.
Additional Solicitor General G.
Rajagopalan argued that that the
Supreme Court was monitoring the
case and hearing the matter by any
other court would impede the
investigation.
Sun TV and Kal Communications had
moved Madras High Court for quashing
of ED’s 31 March attachment order in
the Aircel-Maxis deal case. The High
Court reserved its orders on the
petitions.
ED had attached bank deposits and
properties worth over Rs 742.58 crore
(Rs 7.43 billion) in the name of
Dayanidhi, his brother Kalanithi and
other family members under the
Prevention of Money Laundering Act.
http://www.televisionpost.com/television...ent-by-ed/
ANIL G


Possibly Related Threads...
Thread Author Replies Views Last Post
  TDSAT recalls attachment proceedings against MSO Sadhna Media Sandesha 0 85 Friday 20-January-2017, 10:37
Last Post: Sandesha
  Times Network to launch property channel Property Now anil g 2 506 Wednesday 01-July-2015, 15:23
Last Post: Mr.Bhat

Forum Jump:


Users browsing this thread: