Lawyers for jailed All India Anna Dravida Munnetra Kazhagam supremo J Jayalalithaa will move the Karnataka high court on Monday for bail for her while they were also finalising a strategy for seeking a stay on her conviction and sentence in the disproportionate assets case.
Anti-Corruption Bureau sleuths took encounter specialist Nayak.
The Bombay high court will deliver its verdict Wednesday on the anticipatory bail plea of suspended Sub-Inspector of police Daya Nayak, his wife Komal and associate Rajendra Padte who are fearing arrest in a disproportionate assets case.
However, the court of special CBI Judge S W Lepcha immediately granted bail to Bhandari after he furnished a personal bond of Rs 25,000.
Lalu Prasad and Rabri Devi were acquitted of all charges in a 7-year-old disproportionate assets case by Special CBI Judge Muni Lal Paswan.
CBI have registered a disproportionate assets case against Meena, an IRS officer of 1977 batch, and claimed to have recovered so far cash of Rs 16 lakh from his possession, sources said.
The RJD and the family were tense about the verdict.
It asked the Karnataka high court to constitute a special court and appoint a public prosecutor for conducting the trial.
As per the Supreme Court order, the verdict on the petition had to be delivered before the court closes for the summer vacation from May 21.
Railway minister has no objection to Justice Alam being part of bench that will hear his petition challenging sanction for his prosecution in a disproportionate assets case.
This relates to the disproportionate assets case.
The December 1996 raid came following a complaint by BJP's Subramaniam Swamy naming late Chief Minister J Jayalalithaa.
Normally, it is required by the CBI to complete an investigation within one year of registration of a case.
Nayak has been asked by the court to report to the investigating officers as and when required.
A bench comprising Justice N Santosh Hegde and Justice P P Naolekar issued notices to the state government and Chief Minister Captain Amarinder Singh.
P K Ajwani was wanted in connection with a disproportionate assets case.
The Local Arms branch of the Mumbai Police Wednesday obtained permission from a sessions court in Mumbai to question Daya Nayak regarding the use of bullets assigned to him while he was in service.
The Lucknow bench of the Allahabad high court on Thursday ordered a CBI probe against tainted Noida official Yadav Singh, whose disproportionate assets were exposed in a raid by the Income Tax department several months ago.
Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.
A day after the Special Court issued a non-bailable arrest warrant against him, T T V Dinakaran, one of the accused in the Rs 66.65 crore disproportionate assets case filed against Tamil Nadu CM J Jayalalithaa and others, on Wednesday surrendered.
A Patiala court rejected their bail pleas in the disproportionate assets case.
The warrant was issued following Dinakaran's failure to appear before the court in compliance with the July 2 summons.
The petition also seeks quashing of the first information report against her by the CBI.
"We totally agree with the contention of Lalu," said a Bench comprising Justice S N Variava, Justice AR Lakshmanan and Justice S H Kapadia,
Judge A S Pachhapure adjourned the hearing after the counsel for the accused filed an application requesting the court to exempt Jayalalithaa, Sashikala Natarajan, Elavarsi and T T V Dinakaran from personnel appearance.
Himachal Pradesh Chief Minister Virbhadra Singh was on Friday questioned for the second consecutive day in connection with an alleged disproportionate assets case against him.
The trial in the Rs 66 crore disproportionate assets case was stayed on a petition accusing the prosecution of being under the influence of the Tamil Nadu government headed by J Jayalalithaa.
Daya Nayak is accused of amassing assets disproportionate to his known sources of income.
The Supreme Court on Friday termed as "unfortunate" and rued the "new trend" of maligning judges by governments if judicial pronouncements are not as per their liking.
The Tamil Nadu chief minister's petition requests for the transfer of two disproportionate assets from a Bangalore special court to Pondicherry on the ground that a strong anti-Tamil sentiment prevailing in Karnataka.
Two disproportionate assets cases have been filed against Tamil Nadu Chief Minister J Jayalalithaa.
Commercial banks have turned cautious in lending to smaller microfinance institutions (MFIs), which has compelled the latter to borrow from non-banking financial companies (NBFCs) at much higher rates. Recently Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao slammed micro lenders for increasing their margins "disproportionately" and said these lenders were quick to pass on the increased cost to the borrowers but reluctant to pass on the benefits under the new regime, where margins are not capped.
The Madras high court on Monday said there would be no holiday for schools and colleges on Tuesday and warned Tamil Nadu government that it would be held responsible for any untoward incident and breakdown of law and order in connection with agitations against the conviction of All India Dravida Munetra Kazhagam supremo Jayalalithaa.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
Singh's wife Pratibha Singh was also summoned as accused.
Congress president Sonia Gandhi's close aide Vincent George on Monday got some relief from the Delhi high court which stayed trial court proceedings against him in a 12-year-old disproportionate assets case.
Himachal Pradesh Chief Minister Virbhadra Singh, who has accused the Modi dispensation of trying to "destabilise and topple" his government by using central agencies, on Monday met Congress President Sonia Gandhi in the backdrop of President's Rule being imposed in party-ruled Uttarakhand.
