Jaya Assets Case Ruling

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Jaya Assets Case Ruling Delhi tuesday, february 7, 2017 www.thehindu.in ● Regd. DL(ND)-11/6110/2006-07-08 ● RNI No. TNENG/2012/49940 ● ISSN 0971 - 751X ● Vol. 7 ● No. 32 ● CITY EDITION ● 20 Pages ● Rs. 8.00 Printed at Chennai, Coimbatore, Bengaluru, Hyderabad, Madurai, Noida, Visakhapatnam, Thiruvananthapuram, Kochi, Vijayawada, Mangaluru, Tiruchirapalli, Kolkata, Hubballi, Mohali, Allahabad, Malappuram and Mumbai • • BRIEFLY SC attaches Sahara’s BCCI media manager Jaya assets case ruling ‘in a week’ tenders resignation Aamby Valley NEW DELHI: The Indian cricket SC informs team’s media manager Nishant No clarity on date for Court wants list of more assets for auction Arora has resigned after the Karnataka after Committee of Administrators counsel makes decided that the BCCI’s Delhi Sasikala’s swearing-in office be shut down. Mr. Arora urgent mention tendered his resignation after he SPECIAL CORRESPONDENT the date when she would as- was told that he had to shift to KRISHNADAS RAJAGOPAL sume oice. Mumbai at Cricket House where CHENNAI: Tamil Nadu Gov- Raj Bhavan oicials said the staff works. NEW DELHI: The Supreme ernor Ch. Vidyasagar Rao, the Governor was not in the ½ SPORT | PAGE 17 Court on Monday told the who is in the national capital, State and his tour schedule Karnataka government to on Monday accepted Chief was not available. The uncer- PLA conducts exercise wait for just another week Minister O. Panneerselvam’s tainty meant that Ms. with new missile for the judgment on its ap- resignation and requested Sasikala may have to wait for peals against the acquittal of him and his Council of Min- his return to stake claim to BEIJING: China’s newly formed the former Tamil Nadu Chief isters to continue to function form the Government. Rocket Force has conducted an Minister Jayalalithaa in a dis- until alternative arrange- The AIADMK leader has exercise with the advanced proportionate assets case. ments are made. chosen to have the proposed Dongfeng-16 ballistic missile A Bench, led by Justice P.C. While hectic preparations swearing-in ceremony at the that has a range of over 1,000 Ghose, said: “Wait for one on June 7, 2016. on February 23 last. were on to spruce up the Centenary Auditorium, con- km, capable of hitting a number week.” Karnataka, represen- A Bench of Justices Pinaki The Bench had issued no- University of Madras’s Cen- sidered a favourite venue for of countries in the ted by senior advocate Chandra Ghose and Amitava tice in July 2015 on the ap- tenary Auditorium in Che- Jayalalithaa. neighbourhood, including India. Dushyant Dave and advocate Roy had reserved the appeals peals against acquittal by the pauk here for hosting the The People’s Liberation Army Joseph Aristotle, made an ur- for judgment in June last Karnataka High Court on swearing-in ceremony of AI- ½ PLEA AGAINST LEGAL CORRESPONDENT would now want a sure-shot (PLA) released a video of the gent mention, saying “we are year after 20 days of argu- May 11, 2015. ADMK general secretary SWEARING-IN | PAGE 12 way of ensuring that the exercise of its troops employing concerned about the judg- ments. V.K. Sasikala as Chief Minis- ½ BACKROOM TO THE NEW DELHI: Unhappy with company settled its debts the medium-range missile. ment,” which was reserved The hearing had started ½ CONTINUED ON PAGE 12 ter, there was no clarity on FRONT-STAGE | EDITORIAL Sahara’s ‘road map’ to repay without dragging its feet. ½ WORLD | PAGE 14 duped investors by July 2019, Senior advocate Kapil the Supreme Court on Sibal, for Sahara, pleaded Monday attached the group’s that Aamby Valley was the Late night Shareholders of Tata Sons jewel-in-the-crown asset in group’s cash cow. “If you take Apollo doctors clarify on Maharashtra, the Aamby Val- away all my resources, I will quake jolts ley township. not have anything to gener- remove Mistry as director But first, the Special Bench ate money. What will I tell of Justices Dipak Misra, Ran- my banks?” Mr. Sibal asked. North India Jaya’s hospitalisation SPECIAL CORRESPONDENT jan Gogoi and A.K. Sikri “This is not a question of SPECIAL CORRESPONDENT ordered Sahara to place on banks. This is a question of Scotch speculation MUMBAI: In a significant devel- record a list of unen- obeying court orders,” NEW DELHI: North India was jol- on ‘amputation, opment, shareholders have cumbered properties to be Justice Misra replied. ted late on Monday night fol- slow poisoning’ removed former chairman put up for public auction to Justice Gogoi told Mr. lowing an earthquake meas- Cyrus Mistry from the board recover over ₨14,000 crore Sibal: “Either you speed up uring 5.8 on the Richter scale of Tata Sons. the group owes as principal. your schedule of repayment SPECIAL CORRESPONDENT with its epicentre at Baron At an extraordinary gen- The SEBI lawyer submitted or we will go ahead with the Basti in Rudraprayag district eral body meeting here on that the total liability is auction of your properties to CHENNAI: Two months after Monday, shareholders of the ₨36,326 crore. settle your debts. Your 2019 in Uttarakhand. the death of former Chief Secretary of the Earth Sci- $103-billion salt-to-software At one point, Justice Gogoi road map is too long.” Minister Jayalalithaa, a team conglomerate company Cyrus Mistry asked why the court should “Don’t do this. There are ences Ministry Madhavan of doctors, including the Rajeevan said no casualties passed a resolution with the even bother to ask Sahara for businesses there [Aamby London-based consultant in requisite majority to remove to seek his removal. a list of other properties for Valley]. There are hotel re- had been reported in the im- critical care Richard Beale, mediate aftermath but the Mr. Mistry as a director. “The shareholders of Tata public auction when the sorts. Already there is a re- met the media to clarify This has efectively ended Sons Limited, at the ex- group already has Aamby straint order on the property magnitude was significant. “misconceptions about the Richard Beale, second from right, and other doctors The tremor, which was felt in the Shapoorji Pallonji Mistry traordinary general meeting Valley, which has a declared from this court...,” Mr. Sibal late Chief Minister Jayala- addressing journalists in Chennai on Monday. — PHOTO: K. PICHUMANI several parts of north India group’s representation in held today [Monday], worth of ₨39,000 crore. argued. “An attachment is lithaa’s hospitalisation.” any of the Tata group firms. passed, with the requisite The court recorded that diferent... You say you want and the national Capital, was Also, it was oicially an- even in some sections of the sure to call the press confer- strong enough to send resid- The move comes after the majority, a resolution to re- Aamby Valley was itself ‘sub- to keep Aamby Valley. Then nounced that the hospital bill media, the experts said there ence; it was not organised by National Company Law Ap- move Mr. Cyrus P. Mistry as stantial’ enough for the re- give us other properties ents of the Delhi out onto the amounted to about ₨5 crore had been no amputation, no Apollo, but rather facilitated streets. pellate Tribunal last Friday a Director of Tata Sons Ltd,” covery of the amount. Justice which we can put up for pub- and was handed over to the transplantation, and no slow by the government. rejected an appeal by Mr. said a Tata Sons statement. Gogoi said the court had had lic auction,” Justice Misra The quake occurred at family. poisoning. 10:33 p.m. Mistry’s investment firms ½ MISTRY’S LEGAL FIGHT enough of assembling every observed. Seeking to put to rest spec- The doctors also said other week to collect ‘token ½ CONTINUED ON PAGE 12 against the shareholder TO CONTINUE | PAGE 15 ½ DETAILS ON | PAGE 9 ulation on social media and there was no political pres- meeting called by Tata Sons amounts’ from Sahara, and ½ CONTINUED ON PAGE 12 Over 80% of city markets are prone to fire In Lutyens’ Delhi, Dalhousie Road SOUMYA PILLAI neither the shop owners nor bomb blast in Sarojini Nagar shoppers take this seri- showed that the impact was becomes Dara Shikoh Road NEW DELHI: Over 80% of the ously,” he said. greater because the exit DAMINI NATH city’s markets are structur- According to the Delhi points of the markets were ally unsafe and prone to fire Fire Safety Rules of 2010, any blocked by street vendors. NEW DELHI: Lord Dalhousie, the accidents. structural alteration made to Though after the incident Governor-General of British An internal audit conduc- a building needs to be ap- several drives were conduc- India in the mid 19th Cen- ted by the Delhi Fire Ser- proved by the department. ted to clear markets of illegal tury, annexed large parts of vices (DFS) after a portion of But out of the total building encroachments, vendors re- the country. But on Monday, C block in Connaught Place approval plans that are turned as there was lack of he lost a stretch of road in collapsed, found that a dis- tabled before the DFS, only rehabilitation and desig- Central Delhi to Dara aster is waiting to happen in 10% come back for regular nated space allotment. Shikoh, the eldest son of a majority of the markets. approvals. Anuj Sinha, a structural Mughal emperor Shah Jahan. “Connaught Place is Senior fire oicials agreed safety expert, said the design among the stronger struc- that most of the markets in of many markets has seen Third road renamed tures in the Capital. There their areas have no space for major alterations since they The New Delhi Municipal are markets in the city where evacuation in case of a were created.
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