January 7, 2017 12:38 PM

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SC stays transfer and sale of 2G spectrum licences by Malaysian firm Maxis

The Supreme Court has restrained transfer of 2G spectrum licences from Malaysia's Maxis, originally allotted to Aircel in 2006, to any other telecom company.<br/><br/>A bench, headed by Chief Justice JS Khehar, also proposed to restrain earning of any revenue by using the licences. The bench also said, the instant order is being issued to bring to the notice of Malaysian businessman T Ananda Krishnan, the owner of Maxis group, to make his appearance in the apex court.<br/><br/>It said, if Krishnan and Ralph Marshall of Maxis fail to make appearance on the 27th of this month, 2G licences granted to Aircel shall be seized.<br/><br/>Krishnan and Marshall were summoned by CBI court in the case but they have not appeared yet.<br/><br/>The apex court asked the Telecom Ministry to devise ways and means to avoid adverse consequenses following the order to Aircel subscribers by provisionally transferring 2G licences to other service providers.<br/><br/>The court directed the Indian government to publish its instant order in two leading newspapers in Malaysia. It also directed that in case the proposed order is passed, it would not be open to any of the accused to raise the issue of

January 7, 2017 12:36 PM

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SC stays transfer and sale of 2G spectrum licences by Malaysian firm Maxis

SC stays transfer and sale of 2G spectrum licences by Malaysian firm Maxis<br/><br/>The Supreme Court has restrained transfer of 2G spectrum licences from Malaysia's Maxis, originally allotted to Aircel in 2006, to any other telecom company.<br/><br/>A bench, headed by Chief Justice JS Khehar, also proposed to restrain earning of any revenue by using the licences. The bench also said, the instant order is being issued to bring to the notice of Malaysian businessman T Ananda Krishnan, the owner of Maxis group, to make his appearance in the apex court.<br/><br/>It said, if Krishnan and Ralph Marshall of Maxis fail to make appearance on the 27th of this month, 2G licences granted to Aircel shall be seized.<br/><br/>Krishnan and Marshall were summoned by CBI court in the case but they have not appeared yet.<br/><br/>The apex court asked the Telecom Ministry to devise ways and means to avoid adverse consequenses following the order to Aircel subscribers by provisionally transferring 2G licences to other service providers.<br/><br/>The court directed the Indian government to publish its instant order in two leading newspapers in Malaysia. It also directed that in case the proposed order is passed, it would not be open to any of the accused to raise the issue of

January 7, 2017 8:01 AM

printer

SC stays transfer and sale of 2G spectrum licences by Malaysian firm Maxis

The Supreme Court has restrained transfer of 2G spectrum licences from Malaysia's Maxis, originally allotted to Aircel in 2006, to any other telecom company.<br/><br/>A bench, headed by Chief Justice JS Khehar, also proposed to restrain earning of any revenue by using the licences. The bench also said, the instant order is being issued to bring to the notice of Malaysian businessman T Ananda Krishnan, the owner of Maxis group, to make his appearance in the apex court.<br/><br/>It said, if Krishnan and Ralph Marshall of Maxis fail to make appearance on the 27th of this month, 2G licences granted to Aircel shall be seized.<br/><br/>Krishnan and Marshall were summoned by CBI court in the case but they have not appeared yet.<br/><br/>The apex court asked the Telecom Ministry to devise ways and means to avoid adverse consequenses following the order to Aircel subscribers by provisionally transferring 2G licences to other service providers.<br/><br/>The court directed the Indian government to publish its instant order in two leading newspapers in Malaysia. It also directed that in case the proposed order is passed, it would not be open to any of the accused to raise the issue of monetary losses.

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