Rediffmail Money rediffGURUS BusinessEmail

Infocomm: SC notice to govt, CBI, CVC

January 02, 2006 13:23 IST
Source:PTI

The Supreme Court on Monday issued notices to the Centre, the Central Bureau of Investigation and the Chief Vigilance Commissioner on a public interest litigation seeking a probe into allowing Reliance Infocomm Ltd to launch its WLL services as full mobility services without paying the requisite license fee for entry into fully mobile services during the tenure of Pramod Mahajan as Union communications minister.

The notice was issued by a Bench comprising Chief Justice Y K Sabharwal, Justice C K Thakker and Justice R V Ravindeeran on a petition filed by an NGO Citizens Forum against Corruption.

The petitioner also alleged that it had come to light that Reliance Infocomm allotted 10 million shares to three front companies at Re 1 each as against the Rs 55 each paid by Reliance Industries Limited itself for the same shares at the same time.

The circumstances surrounding the allotment of these shares raise a strong suspicion that the real beneficiaries of these shares were Mahajan and his family members, the petitioner's counsel Prashant Bhushan alleged.

Source: PTI
© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

WEB STORIES

8 Top Nutritious Foods

New Year: First and Last Countries to Welcome 2026

10 Thrilling Recipes For Your New Year Party

VIDEOS

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email