STOCK MARKET BSE NSE

I and B Ministry Studying Order on Sun TV

Published: 10th June 2015 06:00 AM  |   Last Updated: 10th June 2015 06:00 AM   |  A+A-

NEW DELHI: The Information and Broadcasting ministry is studying the Home Ministry order denying security clearance to 33 television channels of Kalanithi Maran-promoted Sun TV Network owing to criminal investigations. The I&B ministry has also sought further clarifications from the Home Ministry on the denial of security clearance.

According to sources in the I&B ministry, the matter was complex and would not have an easy resolution. As such, the ministry would hold consultations before deciding on the next step.

Last time, when the ministry cancelled the license of multi-system operator Kal Cables, also owned by Marans, it was struck down by the Madras High Court. The sources further said that I&B ministry had written to the Home Ministry arguing that the principles of natural justice demanded that the concerned party was also given a hearing if any action had to be taken.

While concerns of national security could have weighed in the home ministry’s decision, sources pointed out that it had a bearing on issues like livelihood of employees and industry sentiment. Sun TV shares had dipped 20 per cent after the home ministry denied it security clearance last week.

Though, the ministry was not willing to confirm it had hinted that the entire issue of licensing might be reviewed.  “Everyone will give their opinion on the issue, but decision will be taken at the minister level,” said a source.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp