Elections,Court_ruling,Mamata,Porn_sites:,AAP:&Sahara

Dear all,
Welcome.
Elections: The eighth stage of LokSabha elections had got voting today after campaigning. It encompasses 64 seats out of which Southern State, AP 25 seats, UP 15 seats, Bihar 07 seats, West Bengal 06 seats, Uttarakhand 05 seats, Himachal 04 seat, & J&K 02 seats fate would be decided. Also, Seemandhra's assembly polls would coincide. Some of the prominent candidates are Smriti Irani, AAP's K.Biswas, Varun Gandhi, Beni Verma, RJD's Rabri devi, BJP's Rudy, LJP's Paswan etc.

 

Court ruling:
1. Sahara: Supreme Court had rejected petition of Sahara group chief & other two directors as they had not returned investors money as suggested by SEBI. It is to note that Justice Bench had ruled it while hearing Contempt case matter against lawyer who had spilled ink over him. Sahara chief's counsel had pleaded citing heat wave for their release. The apex Court had earlier put conditional bail by deposition of 10,000 crore INR by way of cash & bank guarantee.
2. SuperTech: Supreme Court had put stay on demolition of two towers under construction at Emerald Court compound against Allahabad's HC order. Also, notices had been issued against various petitions filed by those affected. The apex Court had put stay on sale or transfer of flats amounting 857.

Mamata: She had indirectly referred Modi as "Comrade Dangabaz" while stating that people migrating after 1971 war are citizens. They have ration card and are included in voters list. It has to be shown to Modi. There are no refugees in the State. Such statements only create riots in Assam. Citing silence of Congress govt. & BJP, she had stated that murder & riots are demonical forces and could not be humanitarian. BJP, Congress & CPM are forming alliance for Opposition & playing politics. CPM had sold half of its flag to BJP & Congress each. But public knows it all and would give reply too.

 

Porn sites: Central govt. had stated before Supreme Court that it is not possible to close all porn sites as it would make those words unavailable on internet, which are available. It would need directions to be issued to computer manufacturers. A petition had been filed by Indore residen. He had stated before the Court that porn video watching is not only crime but ban should be put as crime against women folks had such things behind them as catalyst. More than 20 crore video clippings are

available. The sex related content are seen by childrens which pose threat to social system. The apex Court had earlier issued notice to DoT and sought reply on how to prevent children from viewing such content?
  
AAP: Facebook's South Asia Director(Public Policy) is trying for possibility of Global case study on AAP's like hits. In a letter to the party's social media and IT

head, it is stated that conduct study in reference to the statistics of AAP, Congress & BJP.
Page     Followers         Active
BJP      20 lakhs         1.6 lakhs
AAP      9.38 lakhs       2.6 lakhs
Congress  3.78 lakhs      0.25 lakhs

With regards,

 

M.K.Pachraiya
Original_app_mssg(1) Sahara

Sahara on Thursday informed the Supreme Court of its inability to raise Rs5,000 crore in cash and furnish another Rs5,000 crore by way of a bank guarantee, terms set on Wednesday by the top court as a condition for releasing its head Subrata Roy from Tihar jail.

 Instead, the Sahara lawyers urged the top court comprising Justices KS Radhakrishnan and JS Khehar, to take back its earlier order sending Roy and two others to judicial custody on the ground that it was "illegal" and "unconstitutional". The top court had on March 4, 2014, remanded Roy and two other group directors to judicial custody for failing to pay Rs20,000 crore to market regulator Sebi. The sum is to be repaid to investors in two group companies — Sahara Real Estate Corporation and Sahara Housing Finance.

 Sahara claims that it has paid off almost 93 per cent of the investors in cash, a claim Sebi vehemently contests. Accepting Sebi's contention that the cash repayment theory was bogus, the top court has since rejected offer after offer from Sahara on repaying the money in tranches.

 On Wednesday, when Sahara proposed paying Rs2,500 crore in cash, the court said a sum of Rs5,000 crore would have to be paid by way of cash and another Rs5,000 crore by way of a bank guarantee. On Thursday, senior advocate Rajeev Dhavan termed the order as impossible to implement. "There's a proclivity to assume here that we are wrong, that we can pay, but won't pay," he said. "You have never asked us whether it is feasible."

 Dhavan then focused much of his legal arguments on the illegality and unconstitutionality of the March 4, 2014, order which had sent the Sahara directors to Tihar.

"We can and we have done stupid things such as place ads in the newspapers, but my lords have put a person in prison. The conditions should not be so onerous as to become unconstitutional," he said.

 Senior lawyer Ram Jethmalani also contended that Roy had been incarcerated without even knowing what offence he had committed. No person can be sent to jail unless there has been an inquiry on his ability to pay, he said. ASahara release issued by lawyer Keshav Mohan said a bank guarantee of Rs5,000 crore would be difficult to arrange. "A bank guarantee of this size with lower margin cash backed by assets takes three months. So, if we go for a bank guarantee now, it will mean putting 100 percent cash margin. Therefore, the order implies that Rs10,000 crore cash is wanted to secure release from jail, if the release is desired before three months," the release said.

 "In my 72 years in court, I haven't seen a single instance of a man being asked to pay Rs10,000 crore for bail," Jethmalani said, urging the court to place the issue for adjudication by another bench. "This is not a review; it is an Article 32 petition, pointing out violation of fundamental rights of a person."

 SEBI's arguments

 However, Sebi in its written reply, submitted through senior advocate Arvind P Datar and Pratap Venugopal, urged the court to direct Sahara to sell a portion of the Rs68,000 crore of assets owned by it and repay the money.

 "The official website of Sahara India indicates that the net worth of the Sahara Group as Rs68,174 crore. The group has a land bank to the extent of 36,631 acres and the market value of group assets/potential earning is Rs1,52,518 crore. "Further, the Sahara and/or their group companies have purchased hotels in London and the US, which according to them are valued at over several thousand crore."

 "Thus, Saharas have substantial assets and means to pay, yet the proposals given to the court do not mention any sale of these assets. Sebi, therefore, prays that Saharas may be called upon to liquidate a fraction of their assets and repay," it said.