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Pay Rs 600cr by Feb or go to jail: Supreme Court to Subrata Roy Sahara

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New Delhi, January 12: The Supreme Court on Thursday rejected the plea filed by Sahara Chief Subrata Roy to extend time for paying Rs 600 crore to SEBI and warned to cancel his parole if he fails to meet the commitment till February 6.

Citing demonetisation and economic slowdown as reasons for delay in the payment Sahara counsels requested extension of time for the same. The apex court said a lot of time is already given. “You must make the scheduled payment by February 6 to stay out of jail,” said the Court.

Roy is currently on parole since May, 2016 and his parole was extended after the payment of Rs 200 crore. On March 4, 2014 Roy and 2 other directors were sent to Delhi’s Tihar jail after they failed to comply with SC’s August 31, 2012 order and return money to the investors. The Group had raised Rs 24,000 crore from its two companies in 2008-09 through optionally fully convertible debentures (OFCDs).

The Supreme Court is now hearing a contempt plea by SEBI against the two companies – Sahara India Real Estate Corp Ltd (SIRECL) and Sahara Housing Finance Corp Ltd (SHICL) for not complying with its order directing the companies to return investors Rs 17,600 crore.

Wefornews Bureau

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Centre has 15 new rail projects for Northeast, says Modi

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Aizwal, Dec 16: Prime Minister Narendra Modi said on Saturday the Centre is committed to put all the state capitals of the northeast on the rail map and is executing 15 new projects in the region.

“We are committed to bring all the state capitals of the northeast region on the rail map. The government of India is executing 15 new rail line projects of 1,385 km length, at a cost of over Rs 47,000 crore,” Modi said during his visit to Mizoram.

“It is said that the lack of connectivity is one of the biggest hurdles in the path of development of the Northeastern region,” Modi noted, adding: “My government wants to do ‘transformation by transportation’ through investment in infrastructure…”

He said the Centre has been proactively following the ‘Act East Policy’. “As a gate-way to South East Asia, Mizoram stands to gain immensely from this. It can emerge as a key transit point for trade with Myanmar and Bangladesh,” said the Prime Minister.

The vision of New India can be realised only if fruits of development reach all, he said.

The Centre plans to focus on around 115 districts which are relatively backward when evaluated on various indicators. This will benefit backward districts of Northeastern states, including Mizoram, said Modi.

“In the spirit of “Sabka Saath Sabka Vikas” every Indian, irrespective of caste, gender, religion, class must have equal opportunities to partake in the new prosperity,” he added.

Modi was in Mizoram to inaugurate the 60 MW Tuirial Hydro Electric Power Project (HEPP). He dedicated the project to the people saying it will boost the socio-economic development of the state.

Tuirial Hydropower Project is the first major central government project to be successfully commissioned in Mizoram, Modi said, also adding that besides electricity the reservoir water will also open new avenues for navigation.

“This will provide connectivity to remote villages. The huge reservoir, spread over an area of 45 square km, can also be used for development of fisheries,” Modi said.

The Prime Minister said the project would boost eco-tourism and provide a source of assured drinking water supply.

He said the project was first cleared by the union government of former Prime Minister Atal Bihari Vajpayee, way back in 1998 but got delayed.

“The completion of this project is a reflection of our commitment to complete ongoing projects and usher in a new era of development in the Northeastern region,” Modi said.

The Prime Minister also said that during the tenure of Vajpayee, significant work was done for the development of the Northeast.

“We have taken forward this vision and are devoting resources for the progress of the Northeast. My ministerial colleagues are frequently visiting the Northeast,” Modi said.

“There have been over 150 ministerial visits. Our initiative – the Ministry of DoNER at your doorstep has added impetus to the development of the Northeast. It has enabled us to understand the aspirations of the Northeast even better,” he added.

Modi also said that he was delighted to be in Mizoram and this was his first visit as Prime Minister as he had visited the state before also.

“I admire the beauty and friendly nature of the people,” he said.

“The high literacy rate, scenic beauty and availability of large English-speaking population in Mizoram make for a perfect blend to develop the state as a model tourist destination,” said the Prime Minister.

IANS

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Delhi Gang Rape: Five years on, Nibharya’s mother hopes for justice

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Nirbhaya Mother

New Delhi, Dec 16: Five years since December 16, 2012 gang-rape case of Nirbhaya, the mother of victim Asha Devi Singh expressed hope for justice as the culprits are still alive.

“Even after 5 years, her culprits are alive. If justice isn’t served on time, people cease to be scared of law”, Nirbhaya’s mother said, news agency ANI quoted.

She stated, there is a need for the formulation of strong law, adding the mindset of everyone be it a politician or a common man, needs to be changed.

On this day, a 23-year-old physiotherapy student was gangraped by six men in a moving charter bus in the national capital which left everyone stunned. After thirteen days, the victim succumbed to her injuries in a Singapore hospital.

The shocking incident had triggered a nation-wide outrage over violence against women in the country.

The four convicts – Pawan, Vinay, Mukesh Singh and Akshay Kumar Singh – were granted death sentence by the High Court.

While, the fifth accused, Ram Singh, found hanged in the jail.  The juvenile accused has been released after completing mandatory probation period in a remand home.

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Following this, on May 5 this year, the Supreme Court upheld the death sentences of all four convicts.

Last month, the chairperson of Delhi Commission for Women (DCW) issued a notice to Tihar Jail Administration and Deputy Commissioner of Police (DCP) South District asking why Nirbhaya rapists not executed yet.

The step was taken as Nirbhaya’s mother Asha Devi in a complaint to DCW asked why death sentence has not been given carried out even after five months of Supreme Court’s verdict in Nirbhaya gangrape case.

In the notice, she has questioned that even after five months of Supreme Court’s verdict, why the accused have not been hanged. She also mentioned whether the Tihar Jail officials have issued an order of death sentence to the four accused. If the order has been issued, then reasons for not adhering to the order.

The Commission has sought a reply from the officials and DCP to the aforementioned inquiries by November 6.

Further DCW’s Chairperson expressed disappointment over delay in the execution and providing justice to Nirbhaya. Nirbhaya’s mother and the entire nation who are pleading for justice are yet to receive it. She demanded that the convicts must be hanged at the earliest.

WeForNews 

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Policeman attempts to fire at Kamal Nath

Rajya Sabha MP and advocate Vivek Tankha posted two tweets informing about the incidence.

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Kamal Nath

As per Rajya Sabha MP Vivek Tanka, a policeman tried to fire his rifle at senior Congress leader Kamal Nath at the Chhindwara airstrip in Madhya Pradesh. The policeman was overpowered by the security personnel present at the airstrip and has now been placed under suspension.

Rajya Sabha MP and advocate Vivek Tankha posted two tweets informing about the incidence.

Kamal Nath represents Chhindwara in Loksabha and is presently the longest serving member of the Indian Parliament. He has been elected nine times from Chhindwara.

He has won every election since 1980 with the sole exception of elections to 11th Loksabha in 1996.

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