European parliament delegation to visit Kashmir on Tuesday | WeForNews | Latest News, Blogs European parliament delegation to visit Kashmir on Tuesday – WeForNews | Latest News, Blogs
Connect with us

India

European parliament delegation to visit Kashmir on Tuesday

The delegation met Prime Minister Narendra Modi and National Security Advisor (NSA) Ajit Doval also in Delhi.

Published

on

EU Delegation with PM Modi

Srinagar, Oct 28 : A European parliament delegation is arriving in Kashmir for a day-long ‘unofficial’ visit on Tuesday. The visit has been arranged by a European NGO and comprises members from different European Union member states.

This is the first foreign delegation visiting Kashmir after the scrapping of article 370 on August 5.

The delegation met Prime Minister Narendra Modi and National Security Advisor (NSA) Ajit Doval also in Delhi.

“Their visit to Jammu and Kashmir should give the delegation a better understanding of the cultural and religious diversity of Jammu, Kashmir and Ladakh apart from giving them a clear view of the development and governance priorities of the region”, a statement quoting Prime Minister issued by Press Information Bureau said.

The delegation will meet cross sections of people in Srinagar and fly out the next day.

The J&K government has prepared a presentation for the delegation.

Senior officers of Jammu and Kashmir police will also brief the delegation about the situation in Kashmir and threat of Pakistan sponsored terrorism, sources said.

The members will also get an opportunity to access the ground situation on their own, sources said.

The visit assumes significance in view of the focus on Kashmir due to the lockdown and suspension of cell phones and internet services after the revocation of Article 370 on August 5 by the government.

The visit of the delegation comes in the wake of hearing in the United States on Kashmir and denial of permission to US Congressman to Kashmir.

The EU Parliament in a meeting over Kashmir has urged the government of India to ease restrictions and release political prisoners.

The arrival of the delegation in Kashmir could also help debunk the propaganda by Pakistan that there is a humanitarian crisis in Kashmir.

India

SC sets aside Delhi HC order for Gautam Navlakha transfer record

Senior advocate Kapil Sibal, representing Navlakha, contended that the High Court did not grant bail or any other relief, and instead, simply asked the officer concerned to file an affidavit.

Published

on

Gautam Navlakha

New Delhi, July 6 : The Supreme Court has set aside the Delhi High Court order, directing the NIA investigating officer to produce the entire set of records in connection with the production warrant and extension of social activist Gautam Navlakha’s judicial remand in the Bhima Koregaon case.

Allowing the NIA appeal, a bench of Justices Arun Mishra, Navin Sinha and Indira Banerjee passed directions to expunge the remarks made by the Delhi High Court against the NIA during the hearing of Navlakha”s bail plea. The NIA had moved the top court, challenging the High Court”s May direction, which made a prima facie observation that the investigating agency acted in haste to move out him from the jurisdiction of the Delhi court.

The top court noted that the Delhi High Court should not have entertained the interim bail plea of Navlakha in the case, as the matter falls under the jurisdiction of the Bombay High Court.

Solicitor General Tushar Mehta, representing the Centre, contended before the top court that Navlakha”s surrender happened in pursuance with the top court order while Delhi was under lockdown. Later, the NIA moved the special court in Mumbai to request issuance of a production warrant as Navlakha was in judicial custody in Tihar jail, added Mehta.

He submitted that Navlakha was produced before the special court in Mumbai, based on the production warrant and the Delhi High Court was informed about it.

Navlakha was taken to Mumbai after lifting of the lockdown, added Mehta.

Senior advocate Kapil Sibal, representing Navlakha, contended that the High Court did not grant bail or any other relief, and instead, simply asked the officer concerned to file an affidavit.

Reiterating that the Delhi High Court should not have entertained this matter, the bench told Sibal that he could have come to this court or moved the NIA court in Mumbai.

Continue Reading

India

Jamia case: SG Tushar Mehta turns ‘shaayar’, quotes Ghalib during HC hearing

Published

on

By

Tushar Mehta

New Delhi, July 6 : A serious hearing before the Delhi High Court was punctuated by a rare instance of poetic brilliance when Solicitor General Tushar Mehta turned “shaayar” (poet) and took refuge in a couplet by famous Urdu poet Mirza Ghalib on Monday.

“Qasid ke aate aate khat ek aur likh rakhoon. Main janta hun jo woh likhenge jawab mein (I can write another letter before the arrival of the postman as I am aware of the response it will be fetching),” recited Mehta while the court was hearing a batch of matters relating to the violence that broke out in and around Jamia Millia Islamia last year.

A Division Bench presided by Chief Justice D.N. Patel and Justice Prateek Jalan was hearing the matter through video conferencing.

Mehta quoted Ghalib after senior advocate Salman Khurshid, appearing for the petitioner, told the bench that the solicitor General is big fan of Urdu poetry and has an immense collection of the same. It was a rare a light moment when Khurshid made the gesture and Mehta obliged.

The Solicitor General also said: “Just like Ghalib, I will keep my issues for the consideration of this court concise and short.”

During the course of the hearing, Mehta also raised objections over some statements made in the petitions and told the Delhi High Court that such statements are “more of a political nature which are being made at a protest site” and “not a pleading before a court”.

The objections were raised over the allegations in one of the petitions which stated that “the Home minister directed that you (police) mercilessly beat the students and break their bones”.

“This is more of a political statement being made at a protest site and not a pleading before a court,” SG Tushar Mehta said while seeking deletion of certain language being used in the petition relating to the violence that broke out in and around the Jamia Millia Islamia in December last year.

The court has now posted the matter for further hearing on July 13.

In a violent confrontation between the police and anti-Citizenship Amendment Act protesters on December 15 last year, petrol bombs were targeted at police personnel, ordinary citizens and the media as a raging mob seized parts of south Delhi nd refused to let go. .

Continue Reading

Business

SEBI norms tweak boost chances of CG Power resolution

There are complaints pending in SEBI against KKR for violation of the Takeover Code and SEBI is investigating the violation.

Published

on

By

sebi

New Delhi, July 6 : The relaxation by SEBI in pricing methodology for listed companies having stressed assets has brightened the prospects of early resolution of CG Power.

SEBI has decided to relax the pricing methodology for preferential issues by listed companies having stressed assets and exempt allottees of preferential issues from open offer obligations in such cases.

CG Power, a large engineering company having its operations worldwide and having a consolidated turnover of more than Rs 6,200 crore and an EBIDITA of Rs 500 crore in 2018 and which is asset rich ran into financial problems amidst a controversy between erstwhile promoter Gautam Thapar and its lenders KKR and L&T Finance who had lent money against pledge of the promoter”s holding.

Gautam Thapar was removed on an allegation that funds were diverted in a convoluted manner to lenders of other group companies.

In view of the controversy, bankers refused to support requests for working capital. Due to shortage of working capital, the profitability was severally affected in spite of pending profitable orders.

Lead banker SBI has mandated SBI Capital Markets to carry out a resolution process and it is expected that invitations for EOI will be announced very soon.

Lenders have shown willingness to restructure the debt and monetise valuable non-core assets like Crompton House at Worli and valuable land at Kanjurmarg. As part of the restructuring exercise, CG Power sold its holding in CG Power Ireland.

It is learnt from reliable sources that many industrial groups like Sunil Mittal of Bharati Telecom, Muruggapa group, Aeon Capital and many PE funds are actively considering a buyout. Sunil Mittal through Bharati SBM Holding had shown interest and bought 8.30 per cent equity from the market between March 2019 and May, 2019.

There are complaints pending in SEBI against KKR for violation of the Takeover Code and SEBI is investigating the violation.

SEBI has stated this in its order dated March 11, 2020 that there has been a specific allegation against KKR, a private equity firm, which holds 8.10 per cent of the shares in the Company, through KKR India Financial Services Private Limited, with respect to market manipulation, insider trading and change in control of the company.

They also note that certain allegations have been made against Narayan Seshadri, an Independent Director on the board, with respect to his firm Tranzmute”s partnership with KKR. SEBI is independently looking into these complaints. In case the investigation finds any violation it can result in an open offer around at Rs 45.

–IANS

Continue Reading
Advertisement

Most Popular