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SC tells Mallya to disclose all overseas assets to banks

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The Supreme Court on Tuesday directed beleaguered business tycoon Vijay Mallya to disclose all the overseas assets held by him and his estranged wife and children to the banks which are seeking the recovery of more than Rs.9,000 crore in the principal and interest, loaned to his now-grounded Kingfisher Airlines.

The direction came after the court noted the unwillingness of Mallya to return to India and personally apper before it.

The banks would act on the disclosures in accordance with law, the apex court bench of Justice Kurian Joseph and Justice Rohinton Fali Nariman said, directing the disclosure of the assets Mallya holds abroad.

The court also directed the Bengaluru-based debts recovery tribunal to dispose of the matter pending before it expeditiously, possibly within two months.

The court recorded the statement of senior counsel C.A. Vaidyanathan that these assets held by Mallya, his estranged wife and children were not covered under the personal guarantee given by Mallya to the banks to return the loans that the consortium of 13 banks, headed by the State Bank of India (SBI), to his now-grounded Kingfisher Airlines.

The court also recorded a submission by Attorney General Mukul Rohatgi, reserving his right to refute the submission made on behalf of Mallya.

Mallya had submitted the details of the overseas assets held by him and his estranged wife and children in a sealed cover to the court.

Wefornews Bureau

Cities

700 Doctors At Delhi Civic-Body Hospitals Go On Indefinite Strike Over Pending Salaries

Resident doctors of Hindu Rao Hospital are on a relay hunger strike for the last couple of days, demanding release of their pending salaries too.

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Doctors Protest for Salary

New Delhi: Patients of North Corporation-run hospitals faced hardship as the senior doctors there went on an indefinite strike on Tuesday, a day after they had gone on casual leave en masse over their pending salaries.

Maruti Sinha, general secretary of the Municipal Corporation Doctors’ Association (MCDA) said, “Our demands, which include release of pending salaries for the last three months, have not been met, so we are now on an indefinite strike”.

MCDA, an association of senior permanent doctors of the civic hospitals, was established in 1974, and has about 1200 members. It also includes doctors from hospitals run by other two municipal corporations.

“We have about 700 doctors from the North Corporation hospital who are part of MCDA. We all went on mass casual leave in protest. And, even though our conscience doesn’t allow, our doctors did not attend to patients even in emergency wards,” Sinha said on Monday.

Patients at Hindu Rao Hospital and other North Delhi Municipal Corporation-run hospitals faced inconvenience as doctors struck work to press for their demands. Authorities may have taken services of contractual doctors, she said.

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Services were also hit on Monday when the senior doctors went on a mass casual leave and did not even attend to patients in the emergency department.

Resident doctors of Hindu Rao Hospital are on a relay hunger strike for the last couple of days, demanding release of their pending salaries too.

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India

Mr PM stop robbing public, be self reliant, says Rahul Gandhi

Mr Prime Minister, Quit robbing the public, Stop giving money to your friends, Be Self-Reliant, tweeted Rahul Gandhi

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Rahul Gandhi Farmers

Mr Prime Minister,
Quit robbing the public,
Stop giving money to your friends,
Be Self-Reliant, tweeted Rahul Gandhi.

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India

India, US need to jointly confront China’s threats to security: Pompeo in New Delhi

US Secretary of State Mike Pompeo on Tuesday in the national capital said that India and the US need to jointly confront China’s threats to security in the Indian subcontinent and the Indo-Pacific

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mike pompeo

US Secretary of State Mike Pompeo on Tuesday in the national capital said that India and the US need to jointly confront China’s threats to security in the Indian subcontinent and the Indo-Pacific.

Speaking at the third India-US 2+2 ministerial dialogue in New Delhi, amidst the ongoing face-off between Indian and Chinese troops along the Line of Actual Control in Ladakh, Pompeo discussed several issues from “cooperating on defeating the pandemic that originated in Wuhan, to confronting the Chinese Communist Party’s threats to security and freedom, to promoting peace and stability throughout the region”.

As per an official statement of the US government, Indian Minister of External Affairs S. Jaishankar at the meeting raised the issue of security threat India is facing from China. “In the area of defence we are challenged by reckless aggression on our northern borders,” he said at the bilateral dialogue.

The meeting assumes significance because the US secretaries of the Trump administration travelled to New Delhi amidst Coronavirus pandemic even as an intense ongoing campaigning for the Presidential elections due on November 3 was underway in the US.

“Our friendship and commitment to a free and open Indo-Pacific was clearly, clearly highly on display when we were in Tokyo this past week and a half for the Quad meeting that Minister Jaishankar and I had with our Australian and Japanese friends earlier this month,” Pompeo told his counterpart.

The US secretary of state said, “Today is real opportunity for two great democracies like ours to grow closer, as I said on my trip to India last year when I called for a new age of ambition in our relationship. I think we’ve delivered on that over this past year. There is much more work to do for sure.”

Together, India and the US are building a better future for “our people based on our shared set of values and our cultures, our defence ties, our scientific collaboration, and mutual prosperity. I thank you for your leadership to each of you to build what ought to be a defining partnership of democracies in the 21st century,” he added.

Jaishankar, at the 2+2 Dialogue said that as the global economy has taken a massive hit due to the coronavirus pandemic, the Indian government has to quickly make up for the losses as economic downturn will have both domestic and external consequences.

According to the US Department of State statement, Secretary of Defence Mark T. Esper, at the meeting with his counterpart Defence Minister Rajnath Singh pointed out that Tuesday marked the 15th anniversary of the first US-India Defence framework.

“We have strengthened our defence and security partnership considerably since then, especially over the past year, during which we advanced our regional security, military-to-military, and information-sharing cooperation. Our focus now must be on institutionalizing and regularizing our cooperation to meet the challenges of the day and uphold the principles of a free and open Indo-Pacific well into the future,” he said.

The two sides discussed key opportunities to expand their efforts on “regional security concerns” and to advance their “defence priorities”, to include increasing information sharing and mutual logistics operations between their militaries.

Jaishankar in his remarks said that at a time when it is particularly important to uphold a rules-based international order, the ability of India and the US to work closely in defence and foreign policy has a larger resonance. “Together we can make a real difference when it comes to regional and global challenges, whether it is in respecting territorial integrity, promoting maritime domain awareness, counterterrorism, or creating prosperity,” he added.

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