Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Train Union Minister and Dravida Munnetra Kazhagam (DMK) MP Dayanidhi Maran Has Dragged His Brother, Kalanithi Maran, The Chairman of Sun Tv Network – The Owner of the Ipl Team Sunrisers Hyderabad (SRH), Into A Legal Battle Over A Bitter Dispute Involving Control and Ownership of the Multi-bill-RUPEE Media GIANT.
Dayanidhi Maran made the allegations of Cheating, Fraud, and Financial Misconduct Against His Brother Kalanithi Maran, Father of the Sunrisers Hyderabad (SRH) CEO Kavya Maran.
Dayanidhi has accused kalanithi of orchestracting a calculated plan to sixteen complete control of the company by manipulating internal shareholding arrangements over Two decades ago.
Your Daily Dose of Cricket!
Sunrisers Hyderabad (SRH) Owner Faces Explosive Allegations from Brother Dayanidhi Maran
The Train Union Minister Claimed That Brother Took Control of the Power Their Father, the Late Murasoli Maran, was gravely ill and the family was at its most vulnerable. The Legal Notice has been served not only to kalanithic but also to seven oters, included His Wife, Kaveri Maran.
Read also: MARNUS LABUSCHAGN Pays The Price For WTC Final Loss; Australia Test Squad for West Indies Picked
The Notice, Which Was Issued Through Law Dharma, A Chennai-Based Legal Research Firm, On June 10, Alges that Kalanithi Maran engaged in “Fraudulent Practices,” Including “Cheating and Money Laundering.”
The Notice Demands A Complete Reversal of the Shareholding Structure and A Return to What Was Originally Agreed Upon in 2003 when Everthing was finalized under the Watch of Political Heavyweight Murasoli Maran and Mk Dayalu, Wife of Form Tamil Naduf Minister M. Karunanidhi.
Dayanidhi Maran Demands Sun TV Shares Back, alles Kalanithi Looted Croats
As reported by moneycontrol, The Notice Reads, “In order to take the Entire Company and its assets for the Personal Benefit of No. 1 & 2 of You (Kalanithi and Kaveri Maran), no. 1 of You orchestrated a deceptive and devious plan in Active Conspiracy with no. 2 to 8 of you.
As part of executing your premeditated fraudulent Scheme, tinge advantage of the family’s situation, eSpecially when my client’s father’s health was critical and he could pass away at any moment and the whole family was concerned with his deteriorating health, no. 1 and no. 2 of you start. Activity in September 2003. ”
Meanwhile, a Legal Notice smells by dayanidhi maran accuses His Brother Kalanithi Maran of Illegally Gaining Majority Control of Sun Tv after their Father’s Death in 2003. It claims Kalanithi Alloted 12 Lakh Shares to Himself at Just ₹ 10 Each, Despite Their Value Being Being Being Being Being Being Being Being Being Around ₹ 2,500– ₹ 3,000.
Read also: Sai Sudharsan Handed India debut; India’s Playing XI LOCKED
This Move Allegedly Reduced the Original Family’s Share from 50% to 20%. The Notice Calls this a Criminal Breach of Trust, estimation the loss at ₹ 3.498.8 Broker.
It also highlights kalaniths ₹ 6.381 Core Dividend Gains and seeks a Probe by the Serious Fraud Investigation Office Into the Alleged ₹ 3,500 Fraud. A Past Family Dispute Over Undervaluing MK Dayalu’s Stake is also mentioned.
Sunrisers Hyderabad (SRH) Used for Money Laundering?
On the other hand, dayanidhi also claimed that sun tv gave false information in its 2006 red herring prospectus. According to the Notice, Sun Tv Said It Paid ₹ 10.64 Core in Dividends to their Mother, Mallika Maran, in 2005, But no such payment was made.
The Notice Reads, “these procedures of crime have been used to further enrich yourself by the acquisition of valuable assets/companies, such as sun direct tv PVT, kal radios pvt ltd, kal airways pvt ltd, kal publications pvt ltd, sunrisers hyderabad (srh) Asian FM, Sun Pictures, A Cricket Team in South Africa, A Cricket Team in the United Kingdom, Spicejet, and Other Downnstream Investments.
Dayanidhi Accusing The Company of Misleading the Public and Hiding The Truth. The Notice Demands that Kalanithi Restore All Shares and assets of Sun Tv and related companies to the original Owners as of 2003.
It also asks Him and His Wife, Kaveri, to Return All Earnings Receed Sale! If not, Legal Action Will Be Taken. He also revealed that kalanithi had earlier paid ₹ 500 crore to their sister anbukarasi as part of a private settlement after ignoring a previous legal notice in 2024.
