Court grants bail to SAR Gilani in sedition case

March 19, 2016

New Delhi, Mar 19: Former Delhi University lecturer SAR Gilani was today granted bail by a Delhi court in a sedition case related to an event conducted at the Press Club here last month.sargilani

Additional Sessions Judge Deepak Garg granted the relief to Gilani on a personal bond of Rs 50,000 and one surety of the like amount. Gilani's counsel, Satish Tamta sought bail for him, claiming there is nothing on record that Gilani shouted anti-India slogans or asked others to do so. It was a meeting of intellectuals to discuss the Kashmir issue, he said.

"There was nothing in the event which led to any violence as there was nothing that could be called incitement," Tamta said, adding that as per the Supreme Court order, shouting slogans merely doesn't amount to offence under section 124-A(Sedition) of IPC.
However, Delhi Police had opposed the bail plea saying the event was "an attack on the soul of India" and it was "contempt of court."

"The incident was in the continuation of what had happened in JNU a day earlier. As per the statements of Press Club of India officials, anti-India slogans were shouted and Gilani was also involved in it. Gilani had violated the law of the land and the offence was grave," the prosecution added.

Earlier on February 19, a magisterial court had dismissed the bail plea of Gilani, who was arrested on February 16, after the police had alleged that "hatred" was being generated against the government.

Police had told the court that an event was held on February 10 in which banners were placed showing Parliament attack case convict Afzal Guru and Maqbool Bhat as martyrs.It had also said the hall in the Press Club was booked by Gilani, through his associate Ali Javed by using his credit card and another man Mudassar was also involved.

At the Press Club event, a group had allegedly shouted slogans hailing Afzal Guru, following which the police had lodged a case under sections 124A (sedition), 120B(criminal conspiracy) and 149 (unlawful assembly) of the IPC against Gilani and other unnamed persons.

The police had claimed to have registered the FIR taking suo motu cognizance of media clips of the incident. Following registration of the FIR, the police questioned DU professor Javed, a Press Club member, who had booked the hall for the event, for two days.

Gilani was arrested in connection with the 2001 Parliament attack case but was acquitted for "need of evidence" by Delhi High Court in October 2003, a decision upheld by the Supreme Court in August 2005.

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Abdullah
 - 
Monday, 21 Mar 2016

If there is no wrong from his side then why they collected Rs 50000 from him? It should be collected from whom the false case is given.

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News Network
June 3,2020

Mangalore, Jun 3: One man was arrested by the Crime Branch of city police from Mangalore for allegedly having links with gangster Ravi Pujari, Joint Commissioner of Police (Crime) Sandeep Patil said on Wednesday.

According to the police, the man identified as Ghulam has been sent to 10-day police custody.

"During the investigation of a case related to Ravi Pujari, it was found that one Ghulam is a close associate of Pujari and had helped him in extortion and other illegal activity. Ghulam was arrested from Mangalore. He was produced before a court and sent to 10-day police custody," Patil said.

The senior police officer said that further investigation is on in the matter.

Pujari, who was wanted in several cases including ones related to heinous crimes like murder and extortion, was brought to Bengaluru earlier this year from Senegal. He had reportedly gone underground two decades ago and had allegedly been carrying out illegal activities from abroad.

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Agencies
July 25,2020

New Delhi, Jul 25: Nearly a year after Cafe Coffee Day founder V.G. Siddhartha's death, the probe committee appointed by the Board of Coffee Day Enterprises Ltd (CDEL) has given a virtual clean chit to private equity investors and the Income Tax Department who were named in his last letter.
The investigation report noted that Siddhartha may have felt "aversive behavioural stimulus" due to persistent reminders from the PE investors and other lenders.

"However, such reminders and follow-ups by the PE investors and lenders are not something which are beyond normal industry practices and we believe that PE investors were acting as per accepted legal and business norms," said that report.

It further said that the investigators were not provided with any documentary evidence to show any "advertent or inadvertent harassment" from the Income Tax Department.

It however, said that the financial records suggest a serious liquidity crunch which may have arisen due to the attachment of Mindtree shares by the IT Department.

Further, the probe revealed that MACEL, a private firm of Siddhartha, owes Rs 2,693 crore to Coffee Day Enterprises, which the report says, "needs to be addressed".

The Cafe Coffee Day founder's body was fished out of the Netravathi river in Karnataka by a group of fishermen on July 31 last year, a day after he went missing.

His last note raised several questions about the role of investors, and tax officials.

He had written: "Tremendous pressure from other lenders lead to me succumbing to the situation. There was a lot of harassment from the previous DG Income Tax in the form of attaching our shares on two separate occasions to block our Mindtree deal and then taking possession of our Coffee Day shares, although the revised returns have been filed by us. This was very unfair and has led to a serious liquidity crunch."

The massive shock to the industry and the country also led the government to assure that tax officials would not harass businessmen and the situation would improve.

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coastaldigest.com news network
May 27,2020

Abu Dhabi-based NMC Healthcare has reportedly received bids to sell its distribution unit and will soon be selling it to different parties.

The development comes over three months after NMC Healthcare’s founder and then-chairman B R Shetty stepped down amid allegations of massive fraud. 

The company, which recently laid off hundreds of workers, is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations. In addition, this stake sale will help the company pay off some of its debt

"There are parties who have strong interest in the distribution business. NMC will be offloading the unit soon and that also to different parties," a source said.

"The company is in the process of exploring options for NMC Trading, the group's distribution business, which it has determined to be non-core and requiring substantial levels of working capital. The process should not materially adversely impact distributors' activities, nor NMC Trading's customers," an NMC Healthcare spokeswoman said.

The UK-court has appointed Alvarez & Marsal as administrator to oversee the operations of the debt-ridden hospital operator. The healthcare firm has been caught in a whirlpool of $6.6 billion debt while its senior former high management team is under investigation for financial irregularities.

The UAE Central Bank has direct local banks to freeze all bank accounts of NMC founder BR Shetty and his family members as well as accounts of those companies where he has a stake. The Central Bank move is subsequent to a criminal complaint filed by Abu Dhabi Commercial Bank, which has the largest exposure to NMC Healthcare, amounting Dh3 billion.

As the company faces financial difficulties, Reuters reported that NMC Health delayed May staff salaries and now expects to complete making payments by the first week of June.

The spokeswoman said: "The company has been in regular dialogue with its creditor constituencies through various creditor committees, including the direct bank lenders to its NMC Trading businesses."

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