A veteran cable TV executive, Nag received a setback as his anticipatory bail plea in a criminal case filed by Digicable got rejected by the Supreme Court.
Nag had moved Supreme Court following Calcutta High Court Division Bench’s dismissal of his anticipatory bail plea. He had moved an anticipatory bail plea before the High Court apprehending arrest from Kolkata police.
The counsel appearing on behalf of Digicable Comm had sought permission from the apex court to withdraw the special leave petition (SLP) filed by Nag. The apex court granted permission by dismissing the SLP as withdrawn.
Digicable Comm, the Kolkata subsidiary of Digicable, had filed a criminal complaint at Shakespeare Sarani Police Station against Nag on 29 March 2013 for forgery, misappropriation, theft and conspiracy.
In its complaint Digicable alleged that Nag misused his position as CEO of Digicable Comm to forge agreements, share vital information to a rival MSO and misappropriate digital materials thereby causing huge financial loss to the company.
Digicable, which had appointed Nag as the CEO of Digicable Comm on 1 January 2010, had significantly lost ground in Kolkata following his exit in December last year. Nag later aligned with Hathway Cable and Datacom in Kolkata as consultant.
Nag said that he was compelled to leave Digicable since the company was in a bad shape financially and it was not able to provide set-top boxes (STBs) to its linked cable operators. Digicable, he said, was behaving vindictively by making such damaging allegations against him.
“I can show you 500 emails I had received from cable operators complaining about shortage of STBs. The LCOs were threatening to migrate to rivals due to Digicable’s inability to provide STBs. It was under these circumstances that I had to leave Digicable,” he added.