Lalit blames Srini for forex law breach

June 20, 2015

New Delhi, Jun 20: Lalit Modi blamed N Srinivasan for violation of forex laws while organising the Indian Premier League (IPL), but the Board of Control for Cricket in India (BCCI) ex-chief said they were “taken for a ride” by the IPL former boss, according to their interactions with law enforcement agencies.

lalit-modiThe mutual animosity they harbour is evident in Modi's responses to agencies like the Enforcement Directorate (ED) and Directorate of Revenue Intelligence.

Srinivasan's remarks against his rival are recorded in a Parliamentary Standing Committee report and a complaint he filed against Modi in Chennai.

In almost all responses, lawyers on behalf of Modi harped on the same themes, saying there was no personal allegation against him, and that Srinivasan played a “key role” in decision-making. The cases included remittance of Rs 88.48 crore to International Management Group, transaction of Rs 243.45 crore between BCCI and Cricket South Africa and acceptance of Performance Deposit from an NRI investor in Rajasthan Royals, all RBI permission. Irregularities in awarding media rights to MSM-WSG were also probed.

Modi, Srinivasan and other BCCI officials were also issued show-cause notices related to FEMA violations. An ED report said Modi was responsible for the conduct of IPL and had “full knowledge and awareness of the nature of transactions between BCCI and foreign parties”. It also found fault with Srinivasan, saying he failed to take prior permission of RBI as required under FEMA before accepting deposit from people residing abroad.

Modi's stock argument was that Srinivasan was the treasurer of BCCI when IPL started. “Without he being at the centre of decision-making, being in-charge of and responsible for all financial matters, none of these decisions could have been made,” he said, adding that taking permission from RBI was his responsibility.

He also said Srinivasan, as de facto owner of Chennai Super Kings and BCCI office-bearer, knew about the workings of IPL, and was at all times “personally interested in its pecuniary and financial matters”.

Modi also went on to say that after becoming BCCI secretary, Srinivasan routed all financial matters to the treasurer through his office.

On his part, Srinivasan had told the Parliamentary Standing Committee on Finance in 2011: “We were taken for a ride. Unfortunately, there was too much of power given to him. Was he above the IPL at that time? The powers given to him were like that, and that is how he acted.”

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News Network
March 12,2020

New Delhi, Mar 12: The Supreme Court told the Uttar Pradesh government on Thursday that as of now, there was no law that could back their action of putting up roadside posters of those accused of vandalism during anti-CAA protests in Lucknow.

An apex court bench refused to stay the March 9 Allahabad High Court order directing the Yogi Adityanath administration to remove the posters.

The top court, which grilled the Uttar Pradesh government for putting up such posters in public, described the plea as a matter that needed "further elaboration and consideration".

A vacation bench of justices U U Lalit and Aniruddha Bose said a "bench of sufficient strength" would consider next week the Uttar Pradesh government's appeal against the Allahabad High Court order directing the state administration to remove the posters of those accused of vandalism during anti-CAA protests.

It directed the apex court registry to put up the case file before Chief Justice of India (CJI) S A Bobde so that a "bench of sufficient strength can be constituted at the earliest to hear and consider" the case next week.

During the hearing, the bench told Solicitor General Tushar Mehta, appearing for the Uttar Pradesh government, that it was a matter of "great importance".

It asked Mehta whether the state government had the power to put up such posters.

The top court, however, said there was no doubt that action should be taken against rioters and they should be punished.

Mehta told the court that the posters were put up as a "deterrent" and the hoardings only said that these persons were liable to pay for their alleged acts during the violence.

Senior advocate A M Singhvi, appearing for former IPS officer S R Darapuri whose poster has also been affixed in Lucknow, told the bench that the state was duty-bound to show the authority of law backing its action.

He said the action of the Uttar Pradesh government amounted to a "mega blanket" approach of naming and shaming these persons without final adjudication and it was an open invitation to common men to lynch them as the posters also had their addresses and photographs.

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Agencies
February 11,2020

New Delhi, Feb 11: Senior Delhi Congress leader and national spokesperson of the party Sharmishtha Mukherjee alleged delay in decision making and lack of strategy and unity at the state level for the party's humiliating performance reflected in the Assembly poll results on Tuesday.

Mukherjee, president of Delhi Mahila Congress, stated that it was high time that the party takes some action. She added that she too was responsible for the Congress' poor show.

The Congress is on the verge of drawing blank again in the Assembly polls as all its candidates were way far behind their AAP and BJP opponents on all the 70 seats. In the 2015 Assembly elections too, Congress failed to win any seat.

"We r again decimated in Delhi. Enuf of introspection, time 4 action now. Inordinate delay in decision making at the top, lack of strategy & unity at state level, demotivated workers, no grassroots connect-all r factors. Being part of d system, I too take my share of responsibility (sic)," Mukherjee tweeted as the results came out.

She also accused the BJP of playing divisive politics while crediting Delhi Chief Minister Arvind Kejriwal for playing "smart politics" as the results showed a clean sweep by the AAP to return to power.

"BJP playing divisive politics, Kejriwal playing ‘smart politics’ & what r we doing? Can we honestly say that we’ve done all 2 put our house in order? We r busy capturing Congress whereas other parties are capturing India. If we r 2 survive, time 2 come out of exalted echo chambers! (sic)," she said in another tweet.

The Congress contested the Delhi polls in alliance with the Rashtriya Janta Dal (RJD), fielding candidates on 66 seats and leaving four to its partner.

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Agencies
July 15,2020

New Delhi, Jul 15: Air India has started the process of identifying employees, based on various factors like efficiency, health and redundancy, who will be sent on compulsory leave without pay (LWP) for up to five years, according to an official order.

The airline's board of directors have authorised its Chairman and Managing Director Rajiv Bansal to send employees on LWP "for six months or for a period of two years extendable upto five years, depending upon the following factors - suitability, efficiency, competence, quality of performance, health of the employee, instance of non-availability of the employee for duty in the past as a result of ill health or otherwise and redundancy", the order said on Tuesday.

The departmental heads in the headquarter as well as regional directors are required to assess each employee "on the above mentioned factors and identify the cases where option of compulsory LWP can be exercised", stated the order dated July 14.

"Names of such employees need to be forwarded to the General Manager (Personnel) in headquarter for obtaining necessary approval of CMD," the order added.

In response to queries regarding this matter, Air India spokesperson said,"We would not like to make any comment on the issue."

Aviation sector has been significantly impacted due to the travel restrictions imposed in India and other countries due to the coronavirus pandemic. All airlines in India have taken cost-cutting measures such as pay cuts, LWP and firings of employees in order to conserve cash flow.

For example, GoAir has put most of its employees on compulsory LWP since April.

India resumed domestic passenger flights from May 25 after a gap of two months due to the coronavirus pandemic.

However, the airlines have been allowed to operate only a maximum of 45 per cent of their pre-COVID domestic flights. Occupancy rate in Indian domestic flights has been around 50-60 per cent since May 25.

Scheduled international passenger flights continue to remain suspended in India since March 23.

The passenger demand for air travel will contract by 49 per cent in 2020 for Indian carriers in comparison to 2019 due to COVID-19 crisis, said global airlines body IATA on Monday.

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