Franklin Templeton Problems – Economy offenses Wing in the State Police Need to be Enhanced with the Right Personnel: Madras HC Hearing the plea submitted in connection with the alleged embezzlement of funds by the supervisor of Franklin Templeton Asset Management India Pvt. Ltd., Madras High Court on Monday (March 29) observed that the economic offenses wing in the state police needs to be increased with the right personnel. Technical expertise to investigate Plea before Chief Justice Sanjib Banerjee and Justice Senthilkumar Ramamoorthy gathered concerns about the officials and technical expertise to investigate this issue. The Petitioner Writ proposed that his business was to explore capital around Rs.2,000 Crore due to transactions and exchange parties and redemption of 5,000% increase due to inside trading. The Petitioner stated that complaints in Franklin Templeton material must be investigated by the investigation agencies that have the knowledge of the domain to carry out these tasks. Economic offenses wing was created in the National Police It was also alleged that even though the economic offenses wing was created in the National Police, there was no specialization level tried. It was conveyed that the usual transfer of a police deputy superintendent from one district or several police inspectors from another branch was being carried out without identifying the right personnel to have talent or understanding of economic affairs or market conditions to carry out very sophisticated investigations in this case. Knowledge of accounting, audits, and market conditions The court noted that in the previous order, […]
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Educational standards and infrastructure available at several existing legal universities: Madras High Court Educational standards, infrastructure in several existing universities need to be seen by the Madras High Court: “The possibility of an order must be sought all over India to ensure that the quality is not compromised for more law universities born and with the guise of opportunities created”, the court added. While steps have been taken to ensure that new legal universities do not appear every day, there are concerns lingering for the educational standards and infrastructure available at several existing legal universities, Madras High Court recently observed (MD ASHOK v. The chief secretary of the government, the law department, Tamil Nadu and ORS). Observations made by the court while dealing with petitions increasing concerns over the increasing of law college in Tamil Nadu. “Fortunately, some concerns have been in the progress to ensure that legal universities do not appear every day in every locality. But the educational standards offer to several existing legal universities and available infrastructure also needs to be seen. This problem must observe, In-depth, by the bar council. The possibility of orders must be in vision at the level of all India. By the way, This is to ensure that the quality is not in compromise for more law universities born and with the guise of opportunities made, “says the court. Bar council of India (BCI) The State Bar council assure chief justice Sanjib Banerjee and Justice Senthilkumar Ramamoorthy that they were alert and […]
Truly reckless and politically motivated plea: Madras High Court Describing it as truly reckless and politically motivated, Madras High Court on Friday rejected the plea which was filed by the local administration minister SP Velumani seeking actions against Arappor Iakkam for accusing corruption and abandoning a number of contracts on social media that violated the court order. Minister as misuse of the court process Slamming the petition by the minister as misuse of the court process, the first bench consisting of the chairman of Judge Sanjib Banerjee and Justice Senthilkumar Ramamoorthy said, “As would be proven from the relevant sequence, no one said that the pend Proceedings should not allow adverse inference against the petitioner or applicant Minister and that the court has not experienced advantages on both sides.” Short-looking political purposes Holds that the court does not appreciate that the plea has been transferred for short-looking political purposes, the bench imposes the cost of Rs 10 token to be paid by the ministerial chair to any charity institution. However, appearing for Velumani, ARL Sundaresan, senior counsel for the minister proposed that there was no hatred in the request and asked for a bench not to force the cost even if it was one rupee, noting that the command could be misunderstood. The bench is obliged to this. Complaints of corruption in the Minister The bench also confirms that there is no embargo or a joke command against anyone who levels such accusations, even if the party to the process. […]
HC Rings Alarm Bells on Covid TN Scenarios The order was passed when it dismissed a plea by Thondan Subramani, a lawyer who was looking for directions to ECI to follow the Covid protocol during the entire selection process. “brace for the worst scenario,” warned Madras High Court on Friday, while directing Indian election commissions to ensure strict compliance with the Covid protocol, even in the polls. The first bench of Chief Justice Sanjib Banerjee and Justice Senthilkumar Ramamoorthy also directed the Tamil Nadu government to help ECI in ensuring safety measures. The order was passed when it dismissed a request transferred by Thondan Subramani, a lawyer who was looking for directions to ECI to follow the Covid protocol during the entire selection process. “All political parties and candidates must use the level of responsibility and ensure that the meeting and campaign meeting, it is even limited to the private group, maintaining the Covid-19 protocol,” said the court. The use of masks is mandatory, and violators will be fined. Distance norms must also be maintained at any time and steps such as sanitization must be used frequently, the judges added. Political parties and leaders have attracted a large crowd to their demonstrations throughout the country, even when the number of Covid cases is on the swing up. On Friday, as many as 18 people working at the National Skill Training Institute in Guindy have tested positively Covid. 1,958 new cases recorded in TN 11,318 active cases in the state Popular […]
‘C ‘ Forms for natural gas: Supreme Court upholds Punjab and Haryana HC in Carpo Power Ltd The Supreme Court state that the respondent was responsible for issuing the form of ‘C’ in connection with the natural gas purchased by the petitioner of the oil company in Gujarat and used in the generation or distribution of electricity in the power plant in Haryana. The Tamilnadu government submitted a special Leave petition to allow HSD purchases, by issuing C form at a 2% concession rate and has upheld the decision of the two single judges and the Madras high court division bench. Carpo Power Limited vs. the State of Haryana holding natural gas sales by BPCL / HPCL Punjab and Haryana in the case of Carpo Power Limited vs. the State of Haryana holding natural gas sales by BPCL / HPCL from Gujarat to Petition in Haryana are sales between countries in terms of section 3 (a) CST Law, 1956. Natural gas is included in the definition of goods in accordance with CST Part 2 (D) CST Law, 1956 before the 2017 amendment. Therefore, the oil company is responsible for paying CST on sales of natural gas. The state government is empowered to collect CST. Terms of section 2 (F) read with section 2 (d) and 7 (2) under the CST Law, 1956 The High Court stated that the petitioner was a registered dealer in terms of section 2 (F) read with section 2 (d) and 7 (2) under the CST […]
