-Live Mint Despite being declared unconstitutional by SC, ‘khaps' continue to hold sway in parallel with the state machinery Rohtak/Bhiwani: Ravinder Gehlawat and his wife Shilpa had been married for less than four months when they were marched out of their village-Dharana in Jhajjar district of Haryana-by men of the local community and warned never to return. Their fate was sealed on 24 April 2009 when the local khap panchayat, which translates...
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The curious case of 5,984 Kalawatis in Sahara list -Appu Esthose Suresh
-The Indian Express By May 2, Sahara India Real Estate Corporation Ltd (SIRECL) has to prove the "genuineness" of all its investors to the Supreme Court. It has a difficult task on its hands: the name ‘Kalawati' figures 5,984 times on that list, same names appear against different locations, and geography takes a giant leap with ‘Jaipur Nagpur Maharashtra' and ‘187 Aurangabad Lucknow UP' mentioned as addresses. SIRECL had given the list...
More »Under regulator’s nose-Indrani Dutta
-The Hindu Chief Minister Mamata Banerjee may be sleeping easy as she has "settled all the issues at hand" on the Saradha scam. Saradha Group promoter Sudipto Sen has been booked and a Rs. 500-crore kitty has been created to make refunds to the depositors. However, no one is clear just how the refunds would be made and whether existing laws permit it. Mr. Sen's bubble may have burst. But the travails...
More »SEBI digs deeper, chit scam gets bigger -P Vaidyanathan Iyer
-The Indian Express Kolkata: Saradha Realty Ltd, which has gone bust now, may be just the beginning of the unfolding of a deeply entrenched Ponzi scheme network involving dozens of other companies in West Bengal, some of which also wield considerable media power given their ownership of television channels and newspapers. According to information available with the union corporate affairs and finance ministries, six companies, against whom market regulator Securities and Exchange...
More »Sexual harassment at Supreme Court: Apex court to consider draft rules
-PTI The Supreme Court today agreed to constitute a committee headed by an eminent jurist to finalise the draft rules for dealing with sexual harassment complaints of women, including lady lawyers, working at the apex court. A bench, headed by Chief Justice Altamas Kabir, said the name of the chairman of the Committee, which will also go into various other issues raised in the report prepared on its order, would be decided...
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