India, June 20 -- Dravida Munnetra Kazhagam (DMK) lawmaker Dayanidhi Maran has sent a legal notice to his brother and Sun Group chairman, Kalanidhi Maran, over the company's ownership and accused him of transferring shares worth thousands of crores to himself.

The notice alleged Kalanithi Maran allotted 1.2 million equity shares of Sun TV Private Limited at Rs.10 each in his name. It claimed this was done without sufficient, proper valuation and fair consideration. The notice said the allocation was done without obtaining consent from shareholders, the families of Murasoli Maran and DMK founder M Karunanidhi. "...[Kalanidhi Maran] allotted 60% of the shares without any consultation or approval from the existing majority/promoter original...