<div align="justify">The Supreme Court on Friday refused to intervene in a special CBI court’s order that discharged former telecom minister Dayanidhi Maran and others in the Aircel-Maxis case. The apex court also allowed release of their attached properties worth Rs 750 crore.<br /><br />“The substantive part of the crime has gone (with their discharge), then this Rs 750 crore properties is not proceeds of crime... It is too trivial matter,” a bench presided over by Chief Justice J S Khehar told special public prosecutor, senior advocate Anand Grover, who contended that the trial court should not release bail bonds of the accused till the appeals were decided.<br /><br />The apex court, however, indicated that it may ask the Union government to auction the spectrum allotted to telecom company Aircel if its Malaysia-based owners continued to evade summons in the case. The auction would help in clearing the firm’s Rs 20,000 crore debts to a State Bank of India-led consortium of banks, it said.<br /><br />The court noted that despite the apex court's order of January 6, T Ananda Krishnan, the owner of Malaysian company Maxis which controlled stakes in Aircel, and another official Ralph Marshall failed to appear before it.<br /><br /></div>
<div align="justify">The Supreme Court on Friday refused to intervene in a special CBI court’s order that discharged former telecom minister Dayanidhi Maran and others in the Aircel-Maxis case. The apex court also allowed release of their attached properties worth Rs 750 crore.<br /><br />“The substantive part of the crime has gone (with their discharge), then this Rs 750 crore properties is not proceeds of crime... It is too trivial matter,” a bench presided over by Chief Justice J S Khehar told special public prosecutor, senior advocate Anand Grover, who contended that the trial court should not release bail bonds of the accused till the appeals were decided.<br /><br />The apex court, however, indicated that it may ask the Union government to auction the spectrum allotted to telecom company Aircel if its Malaysia-based owners continued to evade summons in the case. The auction would help in clearing the firm’s Rs 20,000 crore debts to a State Bank of India-led consortium of banks, it said.<br /><br />The court noted that despite the apex court's order of January 6, T Ananda Krishnan, the owner of Malaysian company Maxis which controlled stakes in Aircel, and another official Ralph Marshall failed to appear before it.<br /><br /></div>
