CNBC-TV18‘s Ashmit Kumar reports that Kapil Sibal, who is representing Sahara in the apex court confirmed that the company is in final stages of negotiation with QIA and the SC has extended the parole for Subrata Roy till August 3.
The liquor baron cannot move to any other place now and if a red corner notice is issued then he will be stranded in London, says MP and Senior Advocate Majeed Memon.
Senior Lawyer Majeed Memon says it is not an easy job to secure the presence of Vijay Mallya through the process of extradition.
In a reaction to CNBC-TV18, legal experts hailed the 2G trial court summons to witnesses but question the efficacy of the court's decision and pointed out that this would lead to inordinate delays in the 2G trial.
In an interview to CNBC-TV18, Majeed Memon, senior consultant, MZM Legal gave his views and his outlook on the case.
Majeed Memon, counsel for Vinod Goenka speaking to CNBC-TV18’s economic policy editor Siddharth Zarabi said that observations from Supreme Court’s order should also be applicable to others accused in 2G case.
Swan Telecom promoter Shahid Balwa today accused the Tata as the "highest contributor" in the "so-called" loss of over Rs 30,000 crore to the state exchequer in the award of licenses for the spectrum.