"My client M/s Advantage Strategic Consulting Pvt Ltd (ASCP) had taken notice of the press meet held by Mr Subramanian Swamy on 26th April, 2012.
"The company states that they have placed the matter in the hands of their lawyers to take appropriate legal action immediately," R Balachandran, Chartered Accountant of the company, said in a statement.
Swamy alleged that Karti "controlled" ASCP in 2006 and there was a financial transaction between it and Aircel Televenture, which got GSM licence.
However, sources close to Karti have dismissed Swamy's charges saying there was no truth in them and were baseless.