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Feb 12 6 tweets 5 min read
Chitra Ramakrishna, former MD of NSE barred from associating with any Market Infrastructure Institution for a period of 3 years.

She says she was guided by a "Siddha Purusha / Yogi in Himalayas while making her decisions".

@NSEIndia #SEBI ImageImage
The investigation related to a complaint in 2015-16 where Anand Subramanian was hired as a Group Operating Officer / Advisor to MD at a salary of 1.6 crores. This was a 10 fold jump from Rs. 15 Lakhs which he was drawing in his previous job at Balmer & Lawrie @NSEIndia #SEBI
Anand Subramanian was appointed without any advertisement for the post and interview.

He was on a 4 DAY WORK / WEEK and his compensation jumped to 4 crores in April 2016.

He travelled FIRST CLASS and was in Chennai every WEEKEND.

@NSEIndia #SEBI
Chitra Ramakrishna's emails say:

Noticee no. 1 (Chitra) holds Noticee no. 6 (Anand) in the same light as her SPIRITUAL FORCE, whom she greatly relies upon, and thus would have been looking towards the interest of Noticee no. 6.

@NSEIndia #SEBI Image
When Chitra Ramakrishna was asked how she meets her Spiritual Guru, how the Guru reads her emails etc?

"their spiritual powers do not require them to have any such physical co-ordinates."

@NSEIndia #SEBI Image
Former NSE CEO Chitra Ramkrishna claims professional decisions guided by Himalayan resident 'Siddha Purusha'; SEBI imposes ₹3 crore penalty for financial misdeeds

#SEBI #ChitraRamkrishna

Read story and order: bityl.co/AtyM Image

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More from @barandbench

Feb 14
Karnataka High Court to hear petitions challenging ban on hijab in colleges.

A 3-judge Bench of Chief Justice Ritu Raj Awasthi and Justices Krishna S Dixit and JM Khazi will hear the matter.

Track this thread for live updates.

#HijabBan #HijabControversy #KarnatakaHighCourt Image
The High Court had on February 10 barred students from wearing hijab, bhagwa and other religious garments in educational institutions which have a prescribed dress code/ uniform.

#HijabControversy #KarnatakaHijabRow #KarnatakaHighCourt

Read story here: bityl.co/Auxt Image
Hijab Ban: Hearing before Karnataka High Court Full Bench

#HijabBan #HijabControversy #KarnatakaHijabRow #KarnatakaHighCourt

Read LIVE UPDATES from court here: bityl.co/Auyd Image
Read 74 tweets
Feb 14
#SupremeCourt to hear petition seeking a direction to the Central government to frame a Model Builder Buyer Agreement to ensure transparency and to protect the interests of homebuyers as per the aims of the Real Estate (Regulation and Development) Act, 2016 @AshwiniUpadhyay Image
Sr Adv Menaka Guruswamy: The Solicitor General was asked to get response of the Centre. It's about how union can be involved in law reforms in this area. Sections 41 and 42 of RERA provides of central advisory council
ASG Aishwarya Bhati: The model BBA has already been adopted and circulated. We have said so in the counter too. For those UTs who did not the law, onus was on centre to provide the agreement
Read 18 tweets
Feb 14
Justice DY Chandrachud led bench hears an appeal by National Medical Commission in a case

Justice DY Chandrachud: This is a case where in a padeatric ward all children were admitted without any problems. Have you seen the Munnabhai MBBS movie counsel ?

#SupremeCourt Image
Sr Adv AM Singhvi: Please listen to my non Munnabhai MBBS submission points my lord

#supremecourt
Another observation by Justice DY Chandrachud:

DYC J: How did the hospital have fake patients ? Illness does not end on Makar Sankranti. This is a case of falsifying records Me Singhvi

#SupremeCourt
Read 15 tweets
Feb 14
#SupremeCourt to hear plea stating that ₹8 lakh cut-off for inclusion in the Economically Weaker Sections (EWS) criteria cannot be implemented for #NEETPG202223 (NEET PG 2022-23) since EWS issue is pending before SC & would be taken up for hearing in March, 2022 @advocate_tanvi Image
Dr Charu Mathur requests for Passover

Justice Chandrachud: What is this petition. How can we stop the process ..we will decide the matter in March

Mathur: it's about the window deadline

DYC J: That we cannot stop. If authorities have set out a window then so be it
SC: When we are looking at under Article 32 se will pass directions at appropriate time under the Dr Nunes case

Mathur: but there is no whisper of Dr Nunes in the prospectus of NEET PG 2022 23

SC: Why should the prospectus mention so ?
Read 7 tweets
Feb 14
Karnataka High Court is set to pronounce its judgment in a batch of petitions challenging the Karnataka Police (Amendment) Act, 2021, which prohibits and criminalises betting on and playing games of skill, including online games.

#OnlineGaming #KarnatakaHighCourt Image
#KarnatakaHC: About 120 pages. We have discussed the various arguments.

We have come to this conclusion- the writ petitions succeed, the provisions are ultra vires of the Constitution and struck down.

#OnlineGaming
#KarnatakaHC: We have no struck down the entire act.

However, the consequences of striking down the provisions shall follow. However, nothing in this judgement should be construed to prevent an apt legislation from being brought about concerning the subject

#OnlineGaming
Read 7 tweets
Feb 12
Saffron Scarves are not same as Hijab Vs Rule of Law: 8 Experts speak on Karnataka HC order on Hijab Ban

by @DebayonRoy

#HijabControversy #HijabBan #KarnatakaHighCourt #KarnatakaHijabRow

Read article: bityl.co/AtuD Image
In a democracy, different yardsticks cannot be applied for different religions. Ghungats, bindis, turbans, dupattas, scarves and so on are in a similar league: Meenakshi Arora

#Hijab #HijabBan #HijabAurKitab #KarnatakaHighCourt Image
As it stands, in my view, the rule does not discriminate against any single community : J Sai Deepak

@jsaideepak #Hijab #HijabBan #HijabControversy #KarnatakaHighCourt #KarnatakaHijabControversy Image
Read 6 tweets

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