Top Stories

Aircel-Maxis Case: SC Refuses To Stay Trial Court Order Discharging Marans

Prabhati Nayak Mishra
3 Feb 2017 3:39 PM GMT
Aircel-Maxis Case: SC Refuses To Stay Trial Court Order Discharging Marans
Your free access to Live Law has expired
To read the article, get a premium account.
    Your Subscription Supports Independent Journalism
Subscription starts from
(For 6 Months)
Premium account gives you:
  • Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.
  • Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.
Already a subscriber?

A day after a special CBI court in Delhi discharged former union minister Dayanidhi Maran, his brother Kalanidhi and others in the Aircel-Maxis deal in the illegal 2G spectrum case, the Supreme Court on Friday refused to stay the trial court order but tightened the noose against the accused who have been avoiding court summons.

On Thursday, the trial court had segregated trial against accused Kuala Lumpur-based business tycoon and Maxis promoter T Ananda Krishnan, Maxis director Ralph Marshall and two companies Astro All Asia Networks Limited and Maxis Communications Berhad, Malaysia, from that of the Maran brothers.

They have been avoiding the court’s summons.

In the meantime, Aircel decided to transfer its spectrum to Reliance Communications. The fate of the merger deal between two companies is still hanging on fire.

A three-judge bench headed by Chief Justice JS Khehar warned Aircel to auction the deal if the accused do not appear.

Presently, Maxis holds 99 per cent of Aircel stake, as per CAG report.

Taking exception to Ananda Krishnan, the bench said: “No one will be allowed to run away from the summons of this court.”

While hearing a petition filed by NGO Centre for Public Interest Litigation, the bench observed that it won't allow merger of Reliance Communication wireless with Aircel involving liquidation of Rs.20,000-crore debt of nationalised banks.

“If the accused don't respond to summons, then it might auction the spectrum allotted to Aircel-Maxis to satisfy Rs.20,000-crore debt,” the bench said.

“We will adopt any means to make sure that no one absconds from the law of this country,” the bench, also comprising Justice NV Ramana and DY Chandrachud, said.

Representing Aircel, senior advocate Abhishek Manu Singhvi argued that the company has no control over the accused, particularly Ananda Krishnan.

The visibly miffed court, however, said “You are fighting the case in proxy. You (Aircel) are hand in glove with him (accused). It is a crime before the court. He must come and answer to court.”

To ensure that the public banks do not suffer, the CJI said: “We will pass order asking government to auction the proposed transfer of spectrum from Aircel to Reliance…”

Sending a strong message to other absconders who have failed to repay huge bank loans like businessman Vijay Mallya, the bench said: "When Indians are in other countries or had it been an Indian outside the country, they have to face the consequences of evading law. We will deal with them.”

Plea against Special Court Order

The apex court took up the plea against the Special Court Order discharging the Accused in the Aircel/Maxis Case after Special Public Prosecutor Anand Grover mentioned to hear the case. However, the court refused to grant any stay on the special CBI court’s discharge order.

Grover argued that the trial court had dropped the charges against them, but they were neither directed to furnish the bail bond nor fulfilled any formalities so far and this court, which has been monitoring the 2G scam case, should pass an appropriate order.

The court, however, directed the senior counsel to file proper petition and agreed to hear next Friday.

According to the CBI, a complaint was filed by Aircel owner C. Sivasankaran alleging that he was pressured to sell his stakes to Maxis. It is later alleged that Maxis Group, which bought a 74 per cent stake in Aircel in March 2006, had invested Rs.742 crore in Sun Direct TV Pvt Ltd between 2007 and 2009. Sun Direct is owned by the Maran family.

Next Story