Aircel-Maxis case: Special CBI court reserves order on jurisdiction
- Indian Oil to invest Rs70,000 crore to expand refining capacity
- PNB-Nirav Modi fraud: Nexus between diamond traders and stock market brokers under scanner
- NTPC eyes 100% equity in some JVs with state utilities, stressed assets
- Maharashtra allows privatisation of cooperative spinning mills, powerloom societies
- Pakistan borrows $500 million from China
New Delhi: A special CBI court on Saturday reserved its order on the issue of whether it has jurisdiction to hear the Aircel-Maxis case in which former telecom minister, Dayanidhi Maran and his brother Kalanithi Maran have been summoned as accused.
This came a day later from the Delhi high court refusing to intervene in Central Bureau Of Investigation’s probe into the Aircel-Maxis deal .
On 16 March, 2015, the Maran brothers had moved separate petitions challenging the jurisdiction of special 2G court to try the Aircel-Maxis deal case.
The Aircel-Maxis case is related to allegations that then telecom minister Dayanidhi Maran had forced Aircel owner C. Sivasankaran to transfer his ownership to Maxis Communications Berhad in 2006.
The Malaysian company, in return, invested in Kalanithi Maran’s Sun Direct, the direct-to-home TV arm of his Sun TV Network Ltd.
Besides the Maran brothers, T. Ananda Krishnan and Augustus Ralph Marshall, the court had also summoned four companies—Sun Direct TV Pvt. Ltd, Maxis Communication Bhd, South Asia Entertainment Holding Ltd and Astro All Asia Network Plc—as accused in the case.
Last month, CBI had sought issue of arrest warrants against two Malaysian nationals and two companies (Maxis Communication Berhad and Astro All Asia Network Plc) accused as summons had not been served on them.
The court is likely to pass its order on 6 September.