SC stays criminal proceedings against Premji
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In a major relief for business tycoon and philanthropist Azim Premji,
the Supreme Court on Friday stayed proceedings before a trial court and
issued notice on his plea against summonses issued by the lower court on a private complaint about illegal transfer of assets worth crores from
three companies to a private trust and a new company.
The trial court had issued summons on a private complaint led by Chennai-based NGO India Awake for Transparency.
Senior Advocate Abhishek Manu Singhvi, representing Premji, submitted before a bench headed by Justice Sanjay Kishan Kaul that it was a bizarre case