Aircel-Maxis case: Supreme Court stays ED proceedings to attach Maran assets

New Delhi(Agency) :  The Supreme Court on Friday stayed the attachment proceedings before the Enforcement Directorate Adjudicating Authority against Sun TV assets of the Maran brothers in the Aircel-Maxis case.The Court, however, said the provisional attachment order issued by the ED would stay alive even if the 180-day period for confirming the attachment order is over.The ED had



ordered provisional attachment of assets of Sun TV worth Rs. 742 crore allegedly linked to the Aircel-Maxis deal. The attachment order was under the Prevention of Money Laundering ActThe Sun TV had approached the Supreme Court against a Madras High Court order refusing to hear their plea against the provisional attachment on the grounds that the case was linked to 2G Spectrum scam.