The Madras High Court on Tuesday reserved its order on the petitions filed by Sun TV and Kal Comm Pvt Ltd, challenging the attachment of two of its properties by the Enforcement Directorate (ED) in connection with the Aircel Maxis case.
After hearing final rounds of arguments from both sides, Justice M. Sathyanarayanan reserved orders on the case. During hearing of the case, senior counsel appearing for the petitioner P.S. Raman contended that the properties were acquired much before the investigating agencies commenced their probe into the Aircel Maxis case and questioned why properties of other firms accused in the case have not been attached.
Additional Solicitor General G. Rajagopalan contended that the Supreme Court was monitoring the developments in the case and had also observed that any other court hearing the matter would impede the investigation by the CBI and the ED.
Following the attachment of two of its properties by the ED on March 31, Sun TV and Kal Comm Pvt Ltd moved the Madras High Court seeking to quash the order. The ED had earlier questioned the maintainability of the petitions in view of the Supreme Court’s directions in the case.
The Supreme Court in a blanket order dated February 10, 2011 and April 11, 2011 restricted any court from entertaining petitions in the matter.