CBI/ED probe against Jharkhand CM: SC directs HC to decide maintainability of pleas

6

New Delhi, May 24 | The Supreme Court on Tuesday directed the Jharkhand High Court to decide on the maintainability of PILs seeking CBI/ED probe against Chief Minister Hemant Soren in connection with grant of mining lease and transfer of funds into shell companies.

A vacation bench comprising Justices D.Y. Chandrachud and Bela M. Trivedi said: “We direct that the issue as to maintainability should be dealt with by the high court on the next date of listing.”

The bench added that based on the outcome of the objections to the maintainability of the proceedings, the high court may thereafter proceed in accordance with the law.

Solicitor General Tushar Mehta, representing the Enforcement Directorate (ED), submitted that material recovered from IAS officer Pooja Singhal shows direct linkage with political higher ups. Mehta emphasized that it is a very serious matter and a money trail was found, and added that he apprehends the evidence is being destroyed.

Singhal was the Secretary of the Department of Mines and Geology and the Managing Director of Jharkhand State Mineral Development Corporation Limited (JSMDC). On May 11, the ED arrested her and she was suspended by the Jharkhand government on May 12.

The top court was informed that there were PILs before the high court, where one of the PILs sought direction to the ED to investigate FIR pertaining to alleged offences arising out of the disbursement of MGNREGA funds. The other sought a probe into the alleged transfer of money by the Soren family into certain companies. The third PIL sought sanctioning prosecution of the Chief Minister, for obtaining mining leases under his own name, therefore he is allegedly liable to be charged under the Prevention of Corruption Act. The Jharkhand High Court has tagged these three PILs together.

The Jharkhand government has sought the dismissal of the PILs on the ground of maintainability. The state government challenged the decision of the Jharkhand High Court to accept the documents produced by the ED in sealed cover overruling the state government’s objections.

During the hearing, the top court noted that on May 13, the high court decided to hear the preliminary objections to the maintainability of the petitions, and clarified that it has gone into the merits of the allegations.

Senior advocate Kapil Sibal, representing the Jharkhand government, submitted that the PIL petitioner had suppressed that he had filed similar cases before and added that the petitioner is politically motivated. The Jharkhand government moved the top court challenging a division bench order of the high court, where it declined to entertain the state’s objection to the acceptance of the documents in sealed cover.

Source: IANS

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

Next Story

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

On a weekly expiry day, Nifty opened on positive note and have a dip to make an intraday low at 15367.50 level but showed bounce back moment as managed to close at 15556.65 level with a gain of 143 points. Bank Nifty closed the session at 33135 level with a gain of 289.70 points. 45 Out of Nifty 50 ended in green which suggest broad based buying.

All the sectoral indices managed to close in green expect Energy while Nifty Auto was top gainer. Among Nifty Stock, MARUTI, EICHERMOT, HEROMOTOCO & M&M were the top gainers, While RELIANCE, COALINDIA, POWERGRID & GRASIM were the prima laggards. India VIX closed at 20.88 level with a loss of 1.97%. On Technical Front, The Nifty has formed bullish candle but faced resistance at 21 Four-Hourly Moving Average i.e., 15647 which suggest crossing above the same can show more upside rally.

Nifty has been trading in range of 15200-15700 level while breaching either side can suggest further direction of breakouts. Nifty has given above 50-Hourly Moving Averages which indicate it can show upside moment in the counter. On the Nifty OI Data, On the call side ,the highest OI witnessed at 16000 level while on the put side was at 15500 Niftg level followed by 15300 levels. The momentum indicators Stochastic is trading with a positive crossover on a daily chart which suggest northward journey in the Nifty.

The Nifty may find support around 15200 levels while on the upside 15700 may act as an immediate hurdle. On the other hand, Bank Nifty has support at 32300 levels while resistance at 33800 levels.

Overall, Sector specific momentum has been observed, crossing above 15700 Nifty can show more upside rally.

Market entering into buy on dips pattern.

Palak Kothari
Senior Technical Analyst
Choice Broking

Source: Choice India

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

LEAVE A REPLY

Please enter your comment!
Please enter your name here