New Delhi: The Supreme Court on Friday ordered status quo for two weeks on Jaypee Group’s plea against NCLAT order which allowed fresh bidding for debt-laden Jaypee Infratech.A bench of justices A M Khanwilkar and Dinesh Maheshwari ordered status quo after the apex court was informed that Parliament had passed the proposed amendments in the Insolvency and Bankruptcy Code. “We have not seen the amendment, let it come and we will see,” the bench said. Also Read – Uddhav bats for ‘Sena CM’On July 30, the National Company Law Appellate Tribunal (NCLAT) had allowed fresh bidding for the cash-strapped Jaypee Infratech but barred its promoter Jaypee Group from participating in the auction. To enable the fresh bidding process, the NCLAT extended the resolution period of Jaypee Infratech for another 90 days, which includes a 45-day window for the resolution professional (RP) and lenders of the debt-ridden firm to invite fresh bids. The NCLAT direction came in view of lenders rejecting the resolution plan of state-owned NBCC and Suraksha Realty in the second round of bidding. Also Read – Farooq demands unconditional release of all detainees in J&KJaypee Infratech went into insolvency in August 2017 after the National Company Law Tribunal (NCLT) admitted an application filed by an IDBI Bank-led consortium. In the first round of insolvency proceedings conducted last year, the Rs 7,350-crore bid of Lakshdeep, part of Suraksha Group, was rejected by lenders. The NCLAT had asked state-owned NBCC, whose bid was rejected by the CoC of Jaypee Infratech, to submit fresh resolution plan for the debt-ridden company. The appellate tribunal had also rejected the plea of Jaiprakash Associates Ltd, the promoters of Jaypee Infratech, to be eligible to submit a bid. “No liberty is given to Jaiprakash Associates Ltd.’, in view of the aforesaid observation and decision of Supreme Court in Chitra Sharma’ (Supra),” it had said. On June 18, the Centre had informed the apex court that fresh amendments to the IBC give appropriate weightage to home buyers to protect their interest. Lok Sabha on Thursday passed amendments to the Insolvency and Bankruptcy Code, with the government asserting that the spirit behind the law was not to allow companies to die.
New Delhi: Parliament on Wednesday passed a bill which seeks to increase the number of Supreme Court judges from the present 30 to 33 with a view to reducing pendency of cases. Moving “The Supreme Court (Number of Judges) Amendment Bill, 2019” for consideration and return, Law Minister Ravi Shankar Prasad said, “I would urge the House to consider the Bill”. Leader of the Opposition Ghulam Nabi Azad said, “We have no objection to it…but members of Parliament want to discuss it as we normally do not discuss judiciary…We get chance once in a decade or six months…We would also want to know about the judiciary.” Chairman M Venkaiah Naidu said it is a Money Bill, to which the Law Minister said he was willing to have a discussion on the judiciary in November. Satish Chandra of BSP urged the government to ensure representation of Schedule Castes in the SC . Leader of the House Thaawarchand Gehlot urged to pass both the SC (Number of Judges) Amendment Bill, 2019 and “The Jallianwala Bagh National Memorial (Amendment) Bill, 2019.
Kolkata: The Information and Cultural Affairs department has set up an apex advisory committee for the 25th Kolkata International Film festival.Film director Raj Chakraborty has become the chairman, while Indranil Sen, minister of state for the Information and Cultural Affairs department has been appointed as the co-chairman of the general body and executive council. Aroop Biswas, state minister for Sports and Youth Affairs has been made the chief advisor of the council. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari PujaThe 10 members of the apex advisory committee include Madhabi Mukhopadhyay, Sabitri Chattopadhyay, Goutam Ghosh, Sandip Ray, Aparna Sen, Ranjit Mallick, Prosenjit Chattopadhyay, Kaushik Ganguly, Srijit Mukherjee and Arindam Sil. The Kolkata International Film Festival has become a major event after Chief Minister Mamata Banerjee came to power in 2011. Films are being screened at different auditoriums in the city. Films are also being shown on large screens in Parks so that common people can go and see them. The inaugural function is being held at Netaji Indoor Stadium to allow common people to enjoy the gala opening show. In the competition and non-competition categories of films, the last date for submission of forms is August 31, while the last date of submission for short and documentary films in the competition and-non competition categories is August 20.
Lahore: Pakistan will never ever start a war with India, Prime Minister Imran Khan said on Monday, amid tensions between the two nuclear-armed neighbours over Kashmir.”We will never ever start the war. Both Pakistan and India are nuclear powers and if tension escalates the world will face danger,” Khan said while addressing a gathering of the Sikh community at the Governor’s House here. Khan said that war is not a solution to any problem. “I want to tell India that war is not a solution to any problem. The winner in war is also a loser. War gives birth to host of other issues,” he said. Also Read – Uddhav bats for ‘Sena CM’India has not been engaging with Pakistan since an attack on the Air Force base at Pathankot in January of 2016 by Pakistan-based terrorists, maintaining that talks and terror cannot go together. Early this year, tensions flared up between India and Pakistan after a suicide bomber of Pakistan-based Jaish-e-JeM killed 40 CRPF personnel in Kashmir’s Pulwama district. Amid mounting outrage, the IAF carried out a counter-terror operation, hitting the biggest JeM training camp in Balakot, deep inside Pakistan on February 26. Also Read – Farooq demands unconditional release of all detainees in J&KThe next day, Pakistan Air Force retaliated and downed a MiG-21 in an aerial combat and captured Indian pilot, who was handed over to India on March 1. Tension between India and Pakistan recently escalated after New Delhi revoked J&K’s special status. Reacting to India’s move on Kashmir, Pakistan downgraded diplomatic ties with New Delhi and expelled the Indian High Commissioner. Recalling his previous telephonic conversation with PM Narendra Modi, Khan said, “I told him that there are similar circumstances both in Pakistan and India. I told him about the climate change. We are sitting on a ticking bomb. If we do not address this issue (climate change) there will be scarcity of water (in both countries). I told him that we together can solve the Kashmir dispute through dialogue.” Expressing his frustration over “no response” from India for his efforts to talk to Pakistan, Khan said: “Whatever effort I made India was acting like a super power asking us to do this and not to do that (for talks). It was giving us dictation.” PTI
After winning the Nobel Prize in Literature in 1950, British philosopher and mathematician Bertrand Russell in a letter to PC Mahalanobis expressed his inability to understand Bengali language as without it he could not read Rabindranath Tagore in original.An avid follower of the Upanishads which he learnt from his father Debendranath Tagore, Rabindranath was successful in diverting his pain to happiness. He lost son Shamindranath who died at an early age and daughter Madhurilata. His wife Mrinalini died when Tagore was 41 years old. Also Read – An income drop can harm brainTagore was interested in death and life after death but he always felt that sorrow due to personal losses was the biggest teacher. It trains up the mind and takes it to a higher plain. Noted elocutionist Ratna Mitra has conceptualised Tagore’s views on death and a CD titled ‘Pari’ consisting songs and narration by Mitra will come out shortly by Bhabna Records and Cassettes. There are nine songs which include Pother sesh kothae, Keno re ei duartuku, Ache dukkho ache mrityu, Pothe chole jete jete, Chahiya dekho rosher shrote, sesh nahi je,dukkher timire Jodi jwale, je rate mor duarguli and chirosokha he. Anindya Narayan Biswas and Rajashree Bhattacharya have sung the songs. Biswas an IAS officer is a noted Rabindra Sangeet exponent. His baritone voice takes the tagore songs to a different level. Bhattacharya is one of the most popular woman Rabindra Sangeet singers in Bengal. The CD is collectors’ prized possession.
United Nations: UN Secretary General Antonio Guterres, who has had contacts with the leadership in India and Pakistan, remains very concerned about any potential escalation between the two countries over Kashmir and appeals to both sides to deal with the issue through dialogue, his spokesperson said. Guterres met Prime Minister Narendra Modi on the sidelines of the G7 Summit last month in Biarritz, France and has also spoken to Pakistan’s Foreign Minister Shah Mahmood Qureshi, UN chief’s spokesperson Stephane Dujarric said at a daily press briefing here on Tuesday. Also Read – India gets first tranche of Swiss bank a/c details On Monday, Guterres also met with the Permanent Representative of Pakistan to the UN Maleeha Lodhi on her request over the Kashmir issue. His message to all of them has been the same, both publicly and privately, that he remains very concerned about any potential escalation between India and Pakistan over the situation. He appeals to both sides to deal with the issue through dialogue, Dujarric said. Dujarric was responding to a question on whether Guterres plans to mediate between India and Pakistan on Kashmir during the UN General Assembly session later this month which would be attended by both Modi and Pakistan Prime Minister Imran Khan. Also Read – Tourists to be allowed in J&K from Thursday You know, the position our position on mediation has, as a matter of principle, has always remained the same, Dujarric said. His comments came as India and Pakistan clashed at the 42nd session of the United Nations Human Rights Council in Geneva over the Kashmir issue. The UN chief has maintained that his good offices are available only if both sides ask for it. However, India has made it clear to the international community that the Kashmir issue is an internal matter and there is no need for a third-party mediation. And, as was said by the High Commissioner for Human Rights recently, the situation in Kashmir can only be solved with the full respect of human rights, Dujarric said. Pakistan downgraded its diplomatic relations with India and expelled the Indian high commissioner following the revocation of Article 370 in Jammu and Kashmir on August 5. India has categorically told the international community that the scrapping of Article 370 was an internal matter and also advised Pakistan to accept the reality.
New Delhi: Investors pumped in over Rs 9,000 crore into equity mutual funds in August, a sharp rise of 12 per cent from the preceding month, despite volatile stock markets. Open-ended equity schemes witnessed an infusion of Rs 9,152 crore, while there was a small outflow of Rs 62 crore from close-ended equity plans, taking total equity inflows to Rs 9,090 crore last month, according to data from the Association of Mutual Funds in India (AMFI). In comparison, net inflows in equity plans stood at Rs 8,092 crore in July this year and Rs 8,375 crore in August 2018. The latest inflow has helped in raising the asset base of equity mutual funds (MFs) to Rs 7,16,034 crore at the end of August from Rs 7,15,939 crore in the preceding month. The 44-player mutual fund industry, which mainly depends on systematic investment plans or SIPs for inflows in equity funds, has seen a marginal drop in SIP investment. Investors pumped in Rs 8,231 crore through SIPs in August, marginally lower than Rs 8,324 crore collected in the preceding month. SIP is an investment vehicle that allows investors to invest in small amount periodically instead of lumpsum.
AMHERSTBURG, Ont. – There are no reports of injuries or damage after a minor earthquake struck southwestern Ontario Thursday night.The United States Geological Survey, which first reported the quake, said the magnitude-3.6 temblor struck near Amherstburg, Ont., south of Windsor, at a depth of about five kilometres.Earthquakes Canada later said it was a magnitude-3.9 quake that struck at a depth of 10 kilometres, northeast of Chatham-Kent, Ont., which is east of Windsor.According to its website, the USGS received thousands of responses from people in the region who said they felt the tremor. Most reports came from the Windsor-Detroit and surrounding areas, including several dozen responses from people in Windsor.Police departments in Amherstburg and Windsor tweeted Thursday night that there were no reports of damage or injuries as a result of the quake.Earthquakes Canada reports that while thousands of quakes occur across the country each year, most are in western Canada and only about one per week are felt.The agency lists only seven quakes of greater magnitude in the region dating back to 1884.
Six stories in the news for Thursday, May 11———MORE SOLDIERS IN QUEBEC TO ASSIST FLOOD RELIEFThe military has deployed several hundred more soldiers to help with flood relief efforts in Quebec, bringing the total to 2,200. And, even as water levels continued to decline in some parts of Quebec, officials warn that the situation could deteriorate in others this weekend because of heavy rain. Gatineau, Que., has been one of the hardest-hit areas and Prime Minister Justin Trudeau will join Quebec Premier Philippe Couillard for a helicopter tour of the area Thursday morning.———BOMBARDIER SHAREHOLDERS TO VOTE ON PAYBombardier’s senior management and executive chairman will be on the hot seat this morning as shareholders elect directors at the transportation company’s annual meeting. Five of Canada’s top pension fund managers, along with several American investors, have said they won’t support the re-election of Pierre Beaudoin, whose family controls the company through multiple-voting shares.———TORONTO ZOO CLOSED TO PUBLIC AFTER STAFF LAUNCH STRIKE.More than 400 employees at the Toronto Zoo are on strike to back their contract demands and the facility is now closed to the public. CUPE Local 1600 said the walkout began at midnight Wednesday at Canada’s largest zoo after the two sides failed to come to terms on the main issue of job security. But a zoo official says the facility’s “fair and reasonable” proposals include a wage increase and “satisfactorily address the issues of job security.”———FEDS AIM AT BLACK MARKET WITH MARIJUANA MATHGovernment officials are collecting data — everything from the street price of pot to how often people light up — to arm themselves in the fight against criminals in the marijuana trade, internal Public Safety Canada documents reveal. The Liberal government has tabled a bill to legalize recreational marijuana use, with the aim of keeping pot out of the hands of children while denying criminals the hefty profits.———INQUEST TO HEAR FROM PRIVATE TRAINING COMPANYAn inquest into the deaths of two Ontario men during firefighter training is expected to hear today from a company involved in the courses. Terry Harrison, the owner of Herschel Rescue Training Services, ran an ice rescue course in Hanover, Ont., during which Adam Brunt, a firefighting student, died two years ago. In 2010, a similar training exercise near Sarnia, Ont., claimed the life of volunteer firefighter Gary Kendall.———ONE CANADIAN TEAM LEFT IN THE NHL PLAYOFFSFive Canadian teams began the NHL playoffs, but only one remains after Edmonton was eliminated last night, falling 2-1 to Anaheim in Game 7 of their Western Conference semifinal. The Ducks will now play Nashville in the Western final. In the Eastern Conference, defending champion Pittsburgh beat Washington 2-0 in their deciding Game 7 and will take on the Ottawa Senators in their conference final.———ALSO IN THE NEWS TODAY:— Quebec cabinet ministers and local authorities in Trois-Rivieres, Que., will give an update on the floods in the province.— Statistics Canada will release the new housing price index for March.— Finance Minister Bill Morneau attends G7 symposiums and various meetings in Italy.— Tourism Minister Bardish Chagger will make announcements to strengthen Canada’s tourism sector.— The Campaign Life Coalition holds its annual March for Life on Parliament Hill.
WHITEHORSE – The first family hearings in the National Inquiry into Missing and Murdered Indigenous Women and Girls are set to begin today in Whitehorse.Thirteen people representing four families are expected to publicly share their stories inside a white tent decorated with colourful blankets.Chief Commissioner Marion Buller says she anticipates a long day, as she and her four fellow commissioners will give opening statements and then allow participants as much time as they need to speak.The hearings opened yesterday with a sacred fire-lighting ceremony at sunrise and a traditional feast in the evening.They’re set to continue through Thursday, when a closing ceremony will take place.Other community meetings have been delayed until the fall, but Buller says the hearings are going ahead in Whitehorse because of peoples’ willingness to participate.
SAINT-JEAN-PORT-JOLI, Qc – A man riding a mobility scooter has died following a collision with a freight train northwest of Quebec City.Quebec provincial police say the crash occurred Saturday afternoon at a level crossing near Saint-Jean-Port-Joli, Que.Nobody aboard the train was hurt.The Transportation Safety Board of Canada has sent two investigators to determine the circumstances surrounding the crash.Saint-Jean-Port-Joli is 120 km northwest of Quebec City.
TORONTO – Charges against one of two Ontario police officers charged in the death of a 39-year-old Indigenous woman have been dropped.In July, Ontario’s Special Investigations Unit charged Const. Mark McKillop of the Ontario Provincial Police and London, Ont., police Const. Nicholas Doering with one count each of criminal negligence causing death and failing to provide the necessaries of life.The Crown dropped the charges against McKillop on Monday, but no reasons were given as Doering’s case returns to court on Dec. 6.The SIU said both officers interacted with Debra Chrisjohn at some point between her arrest on Sept. 7, 2016, and her death later that night.The SIU, which probes incidents involving police where someone is killed, injured or accused of sexual assault, said Doering was among those who responded to a call for a traffic obstruction on Sept. 7 in London.Police found Chrisjohn at the scene of a traffic obstruction in London and arrested her, only to discover that she was wanted on an outstanding charge in nearby Elgin County. She was transferred from the custody of London police to the provincial force to answer the outstanding charge.A lawyer representing Chrisjohn’s family, Caitlyn Kasper, and the SIU have not released the cause of death, but Kasper has said police had enough information on hand to handle Chrisjohn’s case differently.
PENTICTON, B.C. – British Columbia wants to make it harder to evict trailer park residents and give them more protection from redevelopment under proposed legislative changes.The government also wants to strengthen protections for owners of manufactured homes by increasing the compensation they would receive if their trailer park closes or they are forced out.Landlords would have to compensate former residents if they are displaced by a planned redevelopment that doesn’t proceed, and pay additional compensation if a manufactured home can’t be relocated.Disposal costs would also be waived for any tenant who can’t relocate their trailer and a 12 month notice period would be needed to end a tenancy.The government says the legislation will be introduced later this month.Premier John Horgan says people deserve to feel safe and secure in their housing.“For too long, manufactured home owners have faced uncertainty due to rising land values and redevelopment, and they have not had adequate protections when evicted,” he said Tuesday in a news release.“No one should have to face financial ruin or potential homelessness when facing eviction from a manufactured home park.”The B.C. government says current compensation doesn’t cover a tenant’s moving costs, or the loss of equity and affordability when they can’t find a new pad for their trailer.“The proposed amendments will assist displaced tenants to move their home to another site, if possible, and compensate them for the loss of their home if they are unable to move it,” the government says in the release.
The federal government will help pay for security upgrades at the Sikh Society of Calgary in the southwest.A $79,000 grant was handed over Monday morning.MP Kent Hehr says $79K in funding will be given to Sikh Society of Calgary for security upgrades to the Gurdwara, the place of worship. #yyc #cdnpoli pic.twitter.com/DNcBozgoJ7— Kaitlin Lee (@Kaitlin_Lee) September 10, 2018The place of worship, called the gurdwara, was vandalized in 2016 with swastikas and profanity.Brand new cameras, lighting and security gates now surround the building located along 81 Street S.W.President Inderjit Singh Wadhwa says they faced some opposition in the early 1970s when they wanted to build the gurdwara, but eventually felt they’d won over the community.“We provide meals to everybody, Hindu, Sikh, anyone can come,” he explained. “Every Sunday we have meals done by the congregation. We didn’t have too many problems after that.”But after the incident almost two years ago, they started to feel uneasy again.“We are very fortunate to have this security system that nobody can dare come to demolish, or damage the gurdwara,” he added.The grant is part of Ottawa’s crime prevention fund to support various institutions and places of worship across Canada.
OTTAWA — New court documents have sketched out the Crown’s case against Vice-Admiral Mark Norman, alleging the suspended military officer broke the rules he was sworn to uphold when he leaked cabinet secrets to a Quebec shipyard and the media.The breach-of-trust case against Norman revolves around a $700-million contract the federal government signed in 2015 with Davie Shipbuilding to refit a commercial vessel into a temporary supply ship for the navy.The contract was in doubt for a period after the Liberals were elected that fall.The Crown alleges that Norman intentionally tried to undermine the cabinet’s decision-making on the project, which he supported, by leaking information to the company, lobbyists and the media. Prosecutors say his use of a private email address shows that he knew he was out of bounds.The Crown argues that whether Norman truly believed the Davie project was the best option for the navy is irrelevant to whether he actually committed a crime.Norman has denied any wrongdoing and vowed to fight the charge. His case is scheduled to go to trial next August and run through much of the next federal election.The Canadian Press
OTTAWA — Prime Minister Justin Trudeau says Canadians should listen to the country’s top public servant when it comes to the questions about whether Trudeau’s office tried to pressure former attorney general Jody Wilson-Raybould to stop prosecuting SNC-Lavalin.Privy Council clerk Michael Wernick delivered a blunt assessment at the House of Commons justice committee Thursday, telling MPs that there was absolutely no improper pressure.Wernick said any information Wilson-Raybould got was to ensure she had the context she needed to decide what to do but that she was always told the final decision was hers.Trudeau’s government has been thrown off course by the allegations that Wilson-Raybould was under pressure by the Prime Minister’s Office to allow SNC-Lavalin to avoid a criminal prosecution for fraud and bribery by entering into a remediation agreement with the federal government.Trudeau says this morning Wernick is an “extraordinary public servant” who has worked in both Liberal and Conservative governments, and that Canadians should listen very carefully when Wernick chooses to speak publicly on the matter.Wernick also said he doesn’t think Wilson-Raybould is bound by solicitor-client privilege not to tell her side of the story but Trudeau repeats that he is still receiving advice on whether to waive it because there are potential consequences for two ongoing court cases against the company.The Canadian Press
Forestry groups have identified a New Brunswick man as one of the 18 Canadians who died Sunday when an Ethiopian Airlines plane crashed shortly after takeoff, killing all 157 aboard.The Kenya Forest Service and the Family Forest Nepal Facebook pages both wrote posts offering condolences to the family of Peter DeMarsh of International Family Forestry Alliance.The International Family Forestry Alliance did not immediately return a request for comment early Monday.The Kenya Forest Service post said DeMarsh was en route to Nairobi to attend a workshop on “access to international climate finance for small holder farmers.”A mother and daughter from Edmonton, a renowned Carleton University professor and an accountant with the City of Calgary were also among the Canadians who died in the crash.More comingThe Canadian Press
TORONTO — There was no winning ticket for the $7 million jackpot in Saturday night’s Lotto 649 draw.However, the draw’s guaranteed $1 million prize went to a ticket holder in Ontario.The jackpot for the next Lotto 649 draw on July 31 will be approximately $9 million.The Canadian Press
The Human Rights Campaign, the nation’s largest lesbian, gay, bisexual and transgender civil rights organization, today announced a national television ad campaign following on the historic victories for marriage equality at the ballot box this year.Video: Dawn of a New Day for Marriage Equality (TV Version)The ad titled “Dawn of a New Day” and voiced by Academy Award Winner Morgan Freeman, began running today and is available online here.“This year proved to be a pivotal turning point in the movement for marriage equality and now we press onward with renewed vigor and public opinion squarely on our side,” said HRC President Chad Griffin. “As we continue the march toward full equality in legislatures and the courts, it is crystal clear that the prospect of an equal future is no longer up for debate; the question now is how soon it will arrive. While we celebrate today, we will keep fighting until full equality has reached every single person in every corner of this vast country.”More at www.hrc.org/Marriage.Source:PR Newswire
Top Chef host Padma Lakshmi joined a guest list of notable New Yorkers and celebrities for the Sixth Annual Blossom Ball Gala on Friday, March 7, 2014, benefitting the Endometriosis Foundation of America (EFA) and to celebrate Endometriosis Awareness Month.Guests included honorary committee members Susan Sarandon and Deborah Harry along with Fátima Ptacek (Dora the Explorer), Inez Van Lamsweerde and Vinoodh Matadin (Inez and Vindooh), Joel Schumacher, Kelly Killoren Bensimon, Lizzie O’Leary (former CNN correspondent), Maura Tierney, Russell Simmons, and more.The black-tie optional affair was held at a private venue located at 583 Park Avenue, New York City. Auctioneer Nicholas Lowry from Swann Galleries and Antiques Roadshow inspired quests to purchase live auction items and DJ Questlove provided music for the after party.Blossom Ball hosts, Lakshmi and her surgeon Tamer Seckin, MD, co-founded EFA as a result of a lifelong mission to raise awareness for endometriosis, a disease that affects one in ten women worldwide.Charitybuzz, the leading destination for online charity auctions, will be hosting an online auction in conjunction with the event featuring one-of-a-kind packages: • Sit down to lunch with Padma Lakshmi and Bridget Moynahan in New York City • Meet Russell Simmons with two tickets to the 15th Annual Art for Life Gala in the Hamptons, July 26, 2014 • Receive a portrait shot by world-renown fashion photographers Inez and Vinoodh! Winner will receive a 16″ × 16″ black and white print from the edit selected by the photographers. • Receive an in-home cooking lesson with Kristen Kish, winner of “Top Chef” Season 10, in Boston or New York • Enjoy a 4-day/3-night stay at a Sandals Resort location of your choice in Jamaica, Antigua, Saint Lucia or the BahamasThe auction kicked off at the gala and will continue until March 23rd. For more information on the auction and to bid on items go to CharityBuzz.com.