 "SC notice to Centre on plea for norms on security clearance to firms")
The Supreme Court on Monday issued notice to the Centre on a plea seeking framing of guidelines for grant of security clearances to firms, accused of economic offences, from taking part in public auctions.
A bench comprising Chief Justice T S Thakur and Justice D Y Chandrachud agreed to examine the PIL filed by BJP leader Subramanium Swamy that there should be guidelines for grant of security clearances by the Ministry of Home Affairs to firms accused in financial cases.
Swamy has also said that such firms be restrained from taking part in auctions.
He said that SUN TV, facing criminal trial in economic offences, had taken part in auction process of FM radio channels.
A bench comprising Chief Justice T S Thakur and Justice D Y Chandrachud agreed to examine the PIL filed by BJP leader Subramanium Swamy that there should be guidelines for grant of security clearances by the Ministry of Home Affairs to firms accused in financial cases.
Swamy has also said that such firms be restrained from taking part in auctions.
Also Read
The Rajya Sabha MP has said that the Ministry of Information and Broadcasting had issued a notice on March 2, 2015 inviting applications from eligible parties for the Phase-III e-auction process of FM radio channels.
He said that SUN TV, facing criminal trial in economic offences, had taken part in auction process of FM radio channels.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%