CHENNAI: The Madras High Court on Friday closed a writ appeal in the Spic disinvestment case, in which the former Chief Minister, Jayalalithaa, and two others were acquitted by a Special Court here.
A Division Bench, comprising Justices Elipe Dharma Rao and S.R. Singharavelu, closed the matter stating that no direction could be issued to the Southern Petrochemical Industries Corporation as it had become a sick company.
It also pointed out that a Special Court had acquitted all the accused, and said the trial court order had become final since no appeal had been preferred by the Government.
Adjournment plea rejected
The Bench also rejected the adjournment plea of counsel for the Janata Party president Subramanian Swamy.