Five-member bench formed to hear Narada sting case


Kolkata, May 21 | The acting Chief Justice of Calcutta High Court on Friday constituted a five-member bench to hear the interim bail plea of four Trinamool Congress heavyweights in West Bengal, who were arrested on Monday by the CBI in the Narada sting operation case.

The case will come up for hearing on May 24.

The state has been witnessing high drama since Monday morning after CBI sleuths arrested two Trinamool Congress ministers — Firhad Hakim and Subrata Mukherjee – along with present MLA Madan Mitra and former Kolkata Corporation Mayor Sovon Chattopadhyay in connection with the Narada sting tapes cases, in which several politicians and a high-ranked police officer were allegedly found accepting cash for providing unofficial favours to a fictitious company.

While a lower court granted interim bail to all the four Trinamool leaders on Monday evening, the Calcutta High Court put a stay on the order late on the same night.

In an order issued by the court on Friday, it has been said that a five-member bench has been constituted that includes acting Chief Justice Rajesh Bindal, and justices I.P. Mukerji, Harish Tandon, Soumen Sen and Arijit Banerjee.

The larger bench was formed after the division bench comprising Bindal and Banerjee had a difference of opinion on the judgement pertaining to the interim bail to the heavyweight leaders.

Earlier in the day, the difference of opinion cropped up when Justice Banerjee granted interim bail to the four arrested, but acting Chief Justice Bindal differed and said they must be kept under house arrest.

According to the rule, the interim-bail issue has been referred to a larger bench in view of the difference of opinion.

There were several twists and turns in the case that started on Monday when the CBI arrested four heavyweights in connection with the 2016 Narada sting operation case.

A virtual hearing was held on Monday at the Bankshall court in Kolkata over the arrests. The accused were virtually produced before the court from Nizam Palace.

The arrests attracted huge controversy as Chief Minister Mamata Banerjee went to the CBI office and demanded unconditional release of the arrested persons.

Trinamool supporters also gathered the CBI office and protested against the arrests. They even pelted stones and scuffled with the central forces, leading to a serious breakdown of the law-and-order situation in the area.

The Bankshall court had granted bail to the four Trinamool leaders. However, the Calcutta High court stayed the order soon after as CBI challenged it while stating that they are unable to work properly and that their investigation is getting affected.

The case was heard by the division bench on Wednesday but as it remained inconclusive, it was again heard on Friday. The CBI has made Chief Minister Banerjee, Law Minister Moloy Ghatak and Trinamool MP Kalyan Banerjee parties to the case.

Pressing for the interim bail, defence lawyer Abhishek Manu Singhvi said, “Difference of opinion should lead to liberty. The bench should be constituted on Friday itself.”

Referring to Firhad Hakim, Singhvi added, “The person is a minister and is responsible for handling the Covid situation in the city as well as in the state. In this condition, the minister should be given access to meet the officials and handle files regarding Covid related work.”

Responding to the plea, the bench said that the arrested persons can access files and meet officials, but only through video conference and they are allowed to continue with the work they are doing. The bench, however, refused the request of CBI’s plea on the stay of the order.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal


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