Essar Leaks: Supreme Court issues notice to Centre, CBI and Essar in petition by CPIL.The Supreme Court today issue notice to the Central government, CBI and Essar Group (Respondents) in a petition filed by NGO Centre for PIL seeking court-monitored investigation into the alleged nexus between Essar Group with politicians, bureaucrats and journalists..A three Bench comprising Justice TS Thakur, Justice Kurian Joseph and Justice R Banumathi has given the Respondents six weeks to file their reply..The petition pertains to the communication between Essar group with politicians, bureaucrats and journalists which revealed that Essar had bribed them for business favours in return..Advocate Prashant Bhushan appeared for the petitioner CPIL today. Though Justice Thakur initially seemed keen to get the details of the whistle blower and sought Bhushan to submit the details in a sealed cover, he, subsequently, did not press for it..Supreme Court women lawyers’ plea to bar ML Sharma, AP Singh to be heard tomorrow.The petition filed by the Supreme Court Women Lawyers Association to bar advocates ML Sharma and AP Singh from Supreme Court premises will be heard by the Supreme Court at 10.30 AM tomorrow..When the matter was taken up today, Justice Gopala Gowda told Senior Advocate Vibha Makhija, who was appearing for the petitioner, that the judges have not read the petition and would like to take it up tomorrow. The Bench, then, directed that the matter be listed for 10.30 AM..The Petition, which has been filed in the wake of the allegedly sexist remarks by ML Sharma and AP Singh, seeks among other things, their debarment from the Supreme Court premises..Sebi Sahara: Supreme Court gives Sahara three months to raise money.The Supreme Court today granted Sahara a window of three months to raise money to bail out its Director Subrata Roy. After a hearing which lasted for nearly two hours, the Court also allowed Sahara to sell its Aamby valley property to raise the money..According to Mint, Senior Advocate Kapil Sibal, appearing for Sahara, informed the Court that that it would raise the cash through one Hong Kong-based Nuoam Ltd, which would take over the Bank of China loan. The same has been guaranteed by a Spanish corporate investment bank BBVA Ltd, Madrid. The Spanish bank has said that Nuoam will lend 900 million euros to Sahara against a mortgage of 600 acres of the Aamby Valley.
Essar Leaks: Supreme Court issues notice to Centre, CBI and Essar in petition by CPIL.The Supreme Court today issue notice to the Central government, CBI and Essar Group (Respondents) in a petition filed by NGO Centre for PIL seeking court-monitored investigation into the alleged nexus between Essar Group with politicians, bureaucrats and journalists..A three Bench comprising Justice TS Thakur, Justice Kurian Joseph and Justice R Banumathi has given the Respondents six weeks to file their reply..The petition pertains to the communication between Essar group with politicians, bureaucrats and journalists which revealed that Essar had bribed them for business favours in return..Advocate Prashant Bhushan appeared for the petitioner CPIL today. Though Justice Thakur initially seemed keen to get the details of the whistle blower and sought Bhushan to submit the details in a sealed cover, he, subsequently, did not press for it..Supreme Court women lawyers’ plea to bar ML Sharma, AP Singh to be heard tomorrow.The petition filed by the Supreme Court Women Lawyers Association to bar advocates ML Sharma and AP Singh from Supreme Court premises will be heard by the Supreme Court at 10.30 AM tomorrow..When the matter was taken up today, Justice Gopala Gowda told Senior Advocate Vibha Makhija, who was appearing for the petitioner, that the judges have not read the petition and would like to take it up tomorrow. The Bench, then, directed that the matter be listed for 10.30 AM..The Petition, which has been filed in the wake of the allegedly sexist remarks by ML Sharma and AP Singh, seeks among other things, their debarment from the Supreme Court premises..Sebi Sahara: Supreme Court gives Sahara three months to raise money.The Supreme Court today granted Sahara a window of three months to raise money to bail out its Director Subrata Roy. After a hearing which lasted for nearly two hours, the Court also allowed Sahara to sell its Aamby valley property to raise the money..According to Mint, Senior Advocate Kapil Sibal, appearing for Sahara, informed the Court that that it would raise the cash through one Hong Kong-based Nuoam Ltd, which would take over the Bank of China loan. The same has been guaranteed by a Spanish corporate investment bank BBVA Ltd, Madrid. The Spanish bank has said that Nuoam will lend 900 million euros to Sahara against a mortgage of 600 acres of the Aamby Valley.
