SC rejects TTV Dinakaran's petition

New Delhi, Sept 4: The Supreme Court has rejected TTV Dinakaran's appeal on Monday against a Madras High Court order in a Foreign Exchange Regulation Act (FERA) case. The court rejected Dinakaran for attempting to delay the case and warned of heavy costs. The Supreme Court pulled up TTV Dinakaran for attempting to delay the trial in the forex violation case.

The court, while upholding the Madras High Court's order that trial will conclude in three months, warned Dinakaran that any attempts to delay the same will lead to a penalty. The Madras High Court in July had vacated the stay it had ordered on proceedings against Dinakaran in a FERA case filed by the Enforcement Directorate.

Dinakaran's advocates had appealed against the order in the Supreme Court but the same was rejected on Monday.