Setback to DK Shivakumar as HC refuses to stay ED summons

Agencies
August 29, 2019

Bengaluru, Aug 29: In a major setback to former minister and powerful leader of Karnataka Congress DK Shivakumar, the Karnataka High Court on Thursday refused to stay the summons issued by the Enforcement Directorate (ED) in the money laundering case. The Congress MLA from Kanakapura and a few others had filed a petition before the HC seeking cancellation of summons issued by the ED.

 The single judge bench comprising Justice Aravind Kumar dismissed the petition filed by DK Shivakumar and four others. Income Tax officials had raided the properties of DK Shivakumar in Bengaluru and New Delhi on 2 August 2017 and had seized unaccounted cash over Rs 8.59 Cr. The ED had issued summons to Shivakumar to appear for questioning in connection with the IT riads. Cases have been registered under Section 277 and 278 of the Income Tax act of 1961 and Sections 120(B), 193 and 199 of IPC against DK Shivakumar, Sachin Narayana, Sunil Kumar Sharma, Anjaneya Hanumanthaiah and Rajendra.

The ED officials had issued summons to Shivakumar in December 2018 on charges of money laundering after IT sleuths recovered unaccounted cash from a flat owned by Shivakumar in New Delhi. The High Court bench also expressed that it is for the agencies (IT or ED) to decide whether the offence is made out or not under the Prevention of Money Laundering (PML) Act while dismissing the petitions.

Following the judgement, DK Shivakumar reportedly rushed to his advocate’s office near High Grounds and consulted about the future course of action. Sources close to the former minister revealed DH that Shivakumar—often hailed as troubleshooter of state Congress is likely to appeal against the verdict in Supreme Court on Friday.

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News Network
January 25,2020

Bengaluru, Jan 25: To address the grievances of the Industrialists, over the issue of acquisition of land, the state government have plans to dilute the Land Reforms Act, Chief Minister B S Yediyurappa, said here on Saturday.

Speaking to the media here, on his visit to the World Economic Forum, Davos, recently he said that 'the visit was fruitful and ends with satisfactory note by procuring promises from several Industrial houses to investment in Karnataka'.

Stating that during his five-day stay at Davos, he had met several Industries heads on the sidelines of the summit, and had an interactive meeting with them, Chief Minister said that 'the event had helped us to present our state Karnataka, to convince them about the prevailing industry-friendly environment'.

He said that he had met several heads of global companies, including Arcelor Mittal, Kirloskar, MAHINDRA, Bharat Forge, 2000 Watt, general electrical, Dassault, Dalmia, Lulu Group, Volvo, Nova Nosdik and Domeco.

'The interaction with the corporate heads was encouraging and more investment is expected to flow into Karnataka, in the fields of Mining, Power, Agriculture, Pharma, Education, and Industries.'

Informing that the main grouse expressed by the Industrialists about the bottlenecks being faced in the Land Reforms Act to procure land, he said that 'To make ease of conversion of Agricultural land we have plans to bring amendment and it would be both win-win situation to both Farmers as well as Industries.'

'We have promised them to remove all hurdles, which comes in the way of acquiring land to set up industries, and we have promised to rectify all the administrative problems within a month or two and legal problems in the next couple of months by amending existing laws.'

'We have also plans to present a new Industrial policy in the coming budget and roll out a comprehensive and investor-friendly law', he further said.

Replying to questions, Chief Minister said that 'all those investment proposals which got clearance at the High-Level Clearance Committee would automatically considered as ‘deemed permission’ and start the process of acquisition of land'.

'TheWorldEconomic Forum Summit had also served us as a platform to invite Industrialists to take part in the Karnataka Global Investors Meet scheduled to be held in November this year', he added.

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News Network
April 19,2020

New Delhi, Apr 19: The government on Sunday prohibited the sale of non-essential items through e-commerce platforms during the ongoing lockdown, four days after allowing such companies to sale mobile phones, refrigerators and ready-made garments.

Union Home Secretary Ajay Bhalla issued an order excluding the non-essential items from sale by the e-commerce companies from the consolidated revised guidelines, which listed the exemption given to the services and people from the purview of the lockdown.

The order said the following clause -- "E-commerce companies. Vehicles used by e-commerce operators will be allowed to ply with necessary permissions" -- is excluded from the guidelines.

The previous order had said such items were allowed for sale through e-commerce platforms from April 20.

However, the reason for reversing the order is not known immediately.

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News Network
June 8,2020

Bengaluru, Jun 8: The Janata Dal (Secular) on Monday announced that former Prime Minister HD Deve Gowda has decided to contest the forthcoming Rajya Sabha elections.

"Former Prime Minister HD Deve Gowda has decided to contest the Rajya Sabha elections at the request of our party legislators, Congress President Sonia Gandhi and many other leaders of the country. Tomorrow, he will be filing nomination for the election. Thanks to the former PM for agreeing to everyone's consensus," JDS leader HD Kumaraswamy said.

The elections to fill the vacant 18 Rajya Sabha seats from seven states are scheduled to be held on June 19.

Four Rajya Sabha seats are up for grabs in the state, Congress has already nominated senior leader Mallikarjun Kharge as its candidate.

The ruling BJP will field candidates for two seats.

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