A special court renewed summons against Maxis and Augustus Ralph Marshall on 2024-07-26 and again on an unspecified date, at the request of the Central Bureau of Investigation (CBI), regarding the 2006 Foreign Investment Promotion Board (FIPB) clearance for Maxis' acquisition of Aircel. The CBI alleges lapses in FIPB decision-making under former finance minister P Chidambaram. Separately, on August 8, 2024, the Supreme Court issued a notice to Congress MP Karti Chidambaram concerning an Enforcement Directorate (ED) petition challenging a Delhi High Court order. This order deferred arguments on framing charges in money laundering cases linked to the Aircel-Maxis matter. In a different matter, the Madras High Court quashed income tax penalty proceedings against Aircel Limited, citing a violation of principles of natural justice. Finally, lenders plan to restart the corporate insolvency resolution process for Aircel Ltd after a previous attempt failed to gain Reserve Bank of India (RBI) clearance.
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