1. Aircel-Maxis deal case: Accused companies; Sun Direct FM, South Asia FM, SA Entertainment, appeal rejected

Aircel-Maxis deal case: Accused companies; Sun Direct FM, South Asia FM, SA Entertainment, appeal rejected

The Supreme Court on Monday rejected appeals filed by three accused companies — South Asia FM, South Asia Entertainment Holdings and Sun Direct TV Private — claiming that the 2G special court has no jurisdiction to try the Aircel-Maxis deal

By: | New Delhi | Published: October 18, 2016 6:24 AM

The Supreme Court on Monday rejected appeals filed by three accused companies — South Asia FM, South Asia Entertainment Holdings and Sun Direct TV Private — claiming that the 2G special court has no jurisdiction to try the Aircel-Maxis deal.

A bench headed by Justice JS Khehar upheld the 2G special court’s order that upheld its right to hear the case. The CBI court had issued summons against former telecom minister Dayanidhi Maran and his brother Kalanithi Maran, also the promoter of Sun Group, as accused in the case. Besides, the court had also summoned Maxis Group promoter and billionaire T Ananda Krishnan and four companies — Sun Direct TV, Maxis Communication, South Asia Entertainment Holding and Astro All Asia Network — as accused in the case.

Special judge OP Saini summoned the Maran brothers on the basis of ED’s chargesheet in the money laundering case related to the Aircel-Maxis deal. The ED had claimed that Sun Direct TV and South Asia FM, both controlled by Kalanithi, received R742.58 crore as “proceeds of crime” from Mauritius-based firms in the Aircel-Maxis deal.

Senior counsel Kapil Sibal, AM Singhvi and Siddharth Luthra, appearing for the companies, argued that the Aircel-Maxis case was not related to 2G spectrum scam. They argued that the matter did not directly or indirectly fall into the category of 2G spectrum cases. The case dealt with allegations other than those related to the allocation of 2G spectrum and should be treated as a separate and distinct case, the companies said.

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