Sun network market leader in south India television market which include Gemini network might go off the air as Ministry of Home affairs denies to clear FM licences of Sun network on security grounds.
Sun Network includes 33 channels and some of them are popular Telugu channels like Gemini, Gemini News, Gemini Life, Gemini Comedy,Gemini Music etc.
Rs.742 crores worth Sun Network Properties belongs to Maran Family will remain seized by Enforcement Directorate. This verdict by High Court,Chennai will play a key role in deciding about Sun Network Security Clearance by IB Ministry.
Justice M Sathyanarayanan said on lifting up ED attachment on 742 crores worth properties of Sun Network.. “We can’t interfere”.
Madras High Court rejects the petition by Sun Network challenging the order of ED