1. Don’t attach Sun TV assets till July 23: Supreme Court

Don’t attach Sun TV assets till July 23: Supreme Court

The Supreme Court on Monday asked the Enforcement Directorate (ED) not to take any final action in the case related to attachment of assets of Dayanidhi Maran-owned Sun TV...

By: | New Delhi | Updated: July 14, 2015 8:59 AM
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Sun TV has challenged the Madras High Court’s order of last month that refused to entertain its petition for staying the attachment orders.

The Supreme Court on Monday asked the Enforcement Directorate (ED) not to take any final action in the case related to attachment of assets of Dayanidhi Maran-owned Sun TV Networks till July 23, the next date of hearing.

A bench headed by Chief Justice of India H L Dattu said that the 2G bench will hear on July 23 the Sun TV Network’s plea against the attachment of its properties worth Rs 742 crore by the ED on money laundering charges.

Seeking a stay on the attachment proceedings, senior counsel Kapil Sibal, on behalf of Sun TV, told the bench that a provisional order of attachment had nothing to do with the investigations in the 2G matter. However, special public prosecutor (SPP) Anand Grover opposed any such stay, saying the adjudicating authority was required to pass an order within 180 days of the provisional attachment, else the same would lapse.

After a brief hearing, the bench told Grover that he should “instruct your (ED) officers not to precipitate matters till July 23”. The SPP assured the court against taking any action till then.

Sun TV has challenged the Madras High Court’s order of last month that refused to entertain its petition for staying the attachment orders.

The high court had said that since it was in connection with the 2G spectrum case, only the Supreme Court can hear it. The apex court had in 2011 restrained other courts from entertaining any petition and passing any orders which might impede the ongoing investigation by the CBI and ED.

The ED had on March 31 issued an order to attach assets worth R742.6 crore belonging to former Union telecom minister Dayanidhi Maran, brother Kalanithi Maran and the latter’s wife, Kaveri Kalanithi, in the Aircel-Maxis case.

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