National News
SC issues contempt notice to SEBI on RIL plea on non-compliance of court order
The Supreme Court has issued a contempt notice to the Securities and Exchange Board of India (SEBI) on Reliance Industries (RIL) plea alleging non-compliance of the court’s August 5 order, which directed the market regulator to provide access to certain documents to the company.
A bench comprising Justices M.R. Shah and M.M. Sundresh said: “Issue notice to the respondent, making it returnable on December 2, 2022. Abhishek Singh, counsel accepts service of notice on behalf of the respondent.”
Senior advocate Harish N. Salve, appearing on behalf of RIL, vehemently submitted that despite the August 5 order passed by the apex court by which the respondent (SEBI) was directed to furnish a copy of the documents, the same has not been furnished till date.
Senior advocate and former Attorney General of India K.K. Venugopal, representing SEBI, submitted that the review petition preferred by the respondent is pending before this court and, therefore, no further order be passed in the present proceedings.
The bench, in its order, noted: “We have gone through the subsequent order passed by this court dated October 12, 2022 in review petition. The pendency of an appeal and/or writ petition along with stay cannot be equated with pendency of the review petition.
I”There is a final decision by this court in an appeal. Merely because the stay application is pending in review petition cannot be a ground to grant stay by the respondent on its own and not to comply with the directions issued by this court.”
The bench said it is required to be noted that the State of J&K Vs. Mohd. Yaqoob Khan and others was a case where against the ex-parte order passed by the single judge, pending writ petition, the contempt proceedings were initiated.
“Therefore, this court observed that when the stay application is yet to be heard and decided and disposed of, the contempt proceedings cannot be initiated. Under the circumstances, the said decision(s) cannot be of any assistance to the respondent,” said the apex court.
The bench has scheduled the matter for further hearing on December 2.
The company had sought three documents from SEBI that it had claimed would exonerate it and its promoters from criminal prosecution initiated in a case related to the alleged irregularities in acquisition of its own shares between 1994 and 2000.
On August 5, a bench led by then Chief Justice N.V. Ramana, had said: “The approach of SEBI, in failing to disclose the documents, also raises concerns of transparency and fair trial. Opaqueness only propagates prejudice and partiality. Opaqueness is antithetical to transparency.”
The top court had said the market regulator should show fairness and furnish documents sought by RIL, and SEBI has a duty to act fairly, while conducting proceedings or initiating any action against the parties.
RIL filed a contempt petition as SEBI has not shared three documents — the two legal opinions by former Supreme Court judge B.N. Srikrishna and former ICAI President Y.H. Malegam’s report which examined the irregularities.
The company claimed that SEBI cannot continue to resist the production of these documents and it had also sent a notice to the market regulator saying if documents were not received by August 18, then it will establish that SEBI does not want to comply with the apex court’s judgment.
In 2002, Chartered Accountant S. Gurumurthy filed a complaint with SEBI alleging irregularities by RIL, its associate companies and their directors/promoters, including Mukesh Ambani and his wife, Nita; Anil Ambani and his wife, Tina; and 98 others.
The complaint cited the issue of two preferential placement of non-convertible debentures in 1994.
SEBI had alleged that RIL along with Reliance Petroleum had circuitously funded the acquisition of its own shares in violation of the Sections 77 and 77A of the Companies Act, 1956.
National News
Telangana BJP chief detained during protest at state Secretariat

Hyderabad, Sep 3: Telangana BJP president Ramchander Rao and several senior party leaders were detained by Hyderabad Police on Thursday while attempting to stage a protest at the Telangana State Secretariat over pending student fee reimbursement dues.
The BJP leaders had sought permission to enter the Secretariat and submit a representation to Chief Minister Revanth Reddy, demanding the release of pending fee reimbursement funds for students.
However, police stopped the protesters, including activists of the Bharatiya Janata Yuva Morcha (BJYM), at the Secretariat’s main gate. The leaders insisted on meeting the Chief Minister and entering the premises, but security personnel denied permission.
As the protesters refused to disperse, some allegedly attempted to scale the closed gate, leading to a brief scuffle with security personnel. Police subsequently detained Ramchander Rao, BJP Legislature Party leader Aleti Maheshwar Reddy, MP D.K. Aruna and several others.
While Ramchander Rao was shifted to Chikkadpally Police Station, D.K. Aruna was taken to Gandhi Nagar Police Station.
Reacting to his detention, Ramchander Rao said the BJP would continue its agitation until all pending dues are released. In a post on X, he alleged that the Congress government had “arrested the voice of 40 lakh students” awaiting fee reimbursement and vowed to continue the fight for their rights.
In another post, the Telangana BJP chief claimed that around 40 lakh students had been adversely affected due to the non-release of pending fee reimbursement dues, which he pegged at Rs 15,000 crore. He said he had earlier undertaken a hunger strike, written to the Chief Minister and collected eight lakh signatures from students seeking the clearance of the dues.
According to the BJP leader, he had sought an appointment with the Chief Minister through a letter dated August 31 to submit representations from students. However, after receiving no response, he and other party leaders proceeded to the Secretariat and launched the protest when they were denied entry.
National News
‘Handled Op Sindoor, will bring transparency’: BJP on Jeetendra Mishra’s appointment as Ram Mandir Trust CEO

New Delhi, Sep 3: Following the appointment of Air Marshal Jeetendra Mishra (Retd.) as the CEO of the Shri Ram Janmabhoomi Teerth Kshetra Trust, BJP on Thursday welcomed the decision, while some opposition leaders raised concerns over transparency, accountability and alleged irregularities.
BJP spokesperson R.P. Singh congratulated Mishra on his appointment and said that he had played a significant role in Operation Sindoor and secured victory for India.
“Congratulations to Jeetendra Mishra. Jeetendra Mishra ji led Operation Sindoor and secured victory for India. We expect that he will handle this new responsibility in the same manner and also bring transparency here,” he told media.
BJP MLA Ram Kadam said the Ram Mandir is a place of faith and reverence for crores of Hindu devotees and followers of Lord Ram. He said the temple represents the successful culmination of a 500-year-long struggle and wait.
Kadam said, “The Ram Mandir is a place of faith and reverence for crores of Hindu devotees and followers of Lord Ram. It represents the successful culmination of a 500-year-long struggle and wait. Over 6,000 applications were received for the CEO position, and the selection process sought an individual who embodies a blend of faith in Hinduism and patriotism. Mishra, who has been appointed, played a significant role in Operation Sindoor.”
BJP MP Santosh Pandey said, “Certainly, we are proud that such a patriotic and honest person, who dedicated 43 years of his life to serving the motherland, has been appointed. With complete dedication, he boosted the morale of the Army and successfully carried out Operation Sindoor. It was a successful operation, and it was praised globally.”
BJP National Spokesperson Guru Prakash Paswan said the Shri Ram Janmabhoomi Teerth Kshetra Trust is an autonomous and independent institution and has its own rules regarding appointments.
“It is a trust, and the trust has its own rules. It is an autonomous and independent institution, and any person can be appointed to the trust. I remember that the late Kameshwar Chaupal from Bihar was also part of that trust,” Paswan said.
BJP West Bengal President Samik Bhattacharya said Mishra would oversee the grand construction of the Ram Temple and ensure that the work is carried out properly.
“Jeetendra Mishra is presenting the grand construction of the Ram Temple before the country and will oversee it properly,” Bhattacharya said.
Chhattisgarh Minister Shyam Bihari Jaiswal described Mishra’s appointment as a matter of great coincidence and good fortune, highlighting his association with Operation Sindoor and his stature as a capable officer.
“Look, it is a matter of great coincidence and good fortune for all of us that retired Air Marshal Jeetendra Mishra, who was also a part of Operation Sindoor, and such a capable person is being appointed as the CEO of the Ram Temple Trust. He holds a prominent stature not only nationally but also in the global arena,” Jaiswal said.
He further said that Mishra’s appointment would help ensure that such incidents as those witnessed in the past would not occur again.
“I feel that, given the incidents that took place in the past, no one will even be able to think about such incidents occurring again,” he added.
Uttar Pradesh Minister Narendra Kashyap said, “I think the decision of the Trust to appoint Jeetendra Mishra as the CEO is better. Because a person who has played a major role in ‘Operation Sindoor’ is certainly a patriot, a nationalist, and someone who works for the country. So, in my view, handing over the command to such a person is a better decision.”
JD(U) National General Secretary Shyam Rajak also welcomed the appointment, saying that replacing officials when irregularities are reported can be a step towards improving the functioning of an institution.
“When there are irregularities, people are removed, and new individuals are brought in for the better. So, a new CEO has been appointed. He is an honest officer who played a role in Operation Sindoor. A military officer of this caliber has been made the CEO; it is a good move. This should be appreciated, and a close watch should be kept on everything,” Rajak said.
Former BJP MP Brij Bhushan Sharan Singh said Mishra had performed well during Operation Sindoor but cautioned that the responsibilities of the new position would be different.
“As has been said, he worked during Operation Sindoor and did a good job. But the situation here is different. There are hidden enemies here, so some caution will have to be exercised,” Singh said.
Samajwadi Party MP Ramashankar Rajbhar welcomed Mishra’s appointment, noting that the former Air Marshal is from Bhopatpura village in the Bhatpar Rani Assembly constituency, which falls within his parliamentary constituency.
“Jeetendra Mishra is from Bhopatpura village in the Bhatpar Rani Assembly constituency of my parliamentary constituency, and he has been given a major challenge. I welcome him,” Rajbhar said.
However, he alleged that officers in the state face pressure from the government and said that this would make the CEO’s new responsibility particularly challenging.
“In a state where IAS and IPS officers are unable to work freely, the government puts pressure on them, and officers are resigning due to that pressure; this is a major challenge for the CEO,” he said.
Rajbhar also raised concerns over alleged irregularities surrounding the Ram Temple, saying devotees and saints in Ayodhya had raised concerns, especially the alleged theft of offerings and incidents allegedly being suppressed for months.
“Crores of Hindus across the country and all the saints and seers of Ayodhya who revere Lord Ram have raised concerns… An SIT was formed by the UP government and another at the national level,” he said.
He expressed hope that Mishra would protect the temple’s funds and work independently.
“Now that he has become CEO, I wish him well. May he serve Lord Ram and protect Ram’s funds so that no one can loot them. He can meet this challenge only by refusing to bow to pressure from those in power. Only by removing the pressure that the authorities are under can anyone truly serve Lord Ram, the embodiment of righteousness,” Rajbhar said.
Congress MLA Nana Patole, meanwhile, criticised the appointment and alleged that saints had expressed reservations about the manner in which the Ram Temple’s affairs were being handled.
“Saints have insisted that this work belongs to the saints. Some saints are not even willing to accept it as the Ram Temple; saints have started saying that this has become a site of looting for the BJP and RSS,” Patole said.
He alleged that the government had a responsibility to respect saints and religion, while accusing the BJP and RSS of exploiting people’s faith in the Ram Temple.
“Therefore, respecting saints and religion is the government’s responsibility. However, the RSS and BJP just want to exploit people’s faith in the Ram Temple and loot their money, and the government is protecting them,” he added.
National News
Reach the last mile of society through public service: Maha Dy CM Eknath Shinde tells Shiv Sena state chiefs

New Delhi, Sep 3: Emphasising that Shiv Sena is a party for the common man fighting for public rights, party’s Chief leader and Maharashtra Deputy Chief Minister Eknath Shinde has called upon every office-bearer and worker to take the party to the last person in society through welfare initiatives.
He also announced on Wednesday that Shiv Sena will donate ambulances across 25 states in the country.
He made these remarks while addressing a review meeting of State Shiv Sena Presidents from various states.
Deputy Chief Minister Shinde instructed party leaders to work effectively on critical issues such as education, sports, employment, women’s welfare, healthcare, water, roads, and agriculture.
He gave clear directions that if needed, office-bearers should step up and lead agitation in “Shiv Sena style” in their respective states to secure justice for the public.
To further strengthen the party’s base at the grassroots level, Eknath Shinde advised organising state-level sports competitions across various states over the coming months.
To accelerate party growth, Deputy CM Shinde directed that appointments of key functionaries be completed immediately across all states.
“This primarily includes selecting state-level office-bearers, women’s wing chiefs, Yuva Sena leadership, and leaders for other affiliated organisations. State chiefs were instructed to submit a concrete “Action Plan” to the party leadership within the next two months, tailored to the political and social conditions as well as upcoming elections in their respective states.”
Deputy CM Shinde suggested that office-bearers take direct initiative in resolving daily civic issues, including drinking water supply, road repairs, healthcare services, solid waste management, school maintenance, and clean public toilets.
To expand the party’s footprint, he clarified during the meeting that a widespread “Shiv Sena Membership Drive” must be launched across all states to ensure the party reaches the last village and household.
All state chiefs expressed their determination to celebrate Prime Minister Narendra Modi’s birthday and his 25 years of successful public service on a grand scale through various social welfare programs.
During this dedicated service week, blood donation camps, health drives, and job fairs for youth will be organised nationwide, alongside the distribution of notebooks and educational materials to underprivileged students, the statement said.
“Shiv Sena office-bearers work not just for politics, but for social welfare. Strengthening the party network down to the booth level and rushing to the aid of people in their times of need is our ultimate goal,” Deputy CM Shinde reiterated to the state leaders.
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