logo
SC junks Nagam's plea against Palamuru-Ranga Reddy scheme

SC junks Nagam's plea against Palamuru-Ranga Reddy scheme

Hans India22-05-2025

Hyderabad / New Delhi: The Supreme Court on Wednesday dismissed the Special Leave Petition (SLP) filed by former minister Nagam Janardhan Reddy, which alleged financial irregularities in the Palamuru-Rangareddy Lift Irrigation Scheme (PRLIS).
The Supreme Court bench headed by Justice B V Nagarathna and comprising Justice Satish Chandra Sharma after an elaborate hearing on Wednesday dismissed the SLP recording that there are no merits in the case to interfere with the Order of the High Court of Telangana which had earlier dismissed the Public Interest Litigation filed by Dr Nagam Janardhan Reddy vide Order dated 03.12.2018.
The Supreme Court bench observed that four other cases filed by Dr Nagam relating to the very same project before the High Court have been either dismissed or disposed and have attained finality as no appeals are pending. It also recorded that the Central Vigilance Commissioner (CVC), while dealing with the complaint filed by very same Nagam on this issue, had given a clear finding that the allegations are unsubstantiated.
The bench questioned the senior counsel Prashant Bhushan, who appeared for the petitioner Dr Nagam, as to how a prayer can be sought before the High Court in a Writ Petition to declare the revision of rates as fraudulent. Responding to this, Bhushan urged the bench to ignore that part of the prayer and focus on the second part which was seeking a direction to the Central Bureau of Investigation to investigate the alleged fraud.
Justice Nagarathna stated that any revision of rates or ratios could have been exercising of commercial wisdom by the State and wondered how can the courts give a direction to the CBI to investigate. She said courts cannot be a monitor for every action of the State. Senior counsel and former Attorney General, Mukul Rohtagi, appearing for Megha Engineering & Infrastructures Ltd (MEIL), in his submissions raised objections about the maintainability of the SLP itself. He informed the court that the very same petitioner Dr Nagam has been filing one after another cases for the last 10 years before the High Court, CVC etc against them as a form of harassment. He drew the attention of the court to the finding given by the CVC on the complaint made by Dr Nagam.
After hearing submissions on both sides in detail, the Supreme Court bench pronounced its order dismissing the SLP.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Anticipatory bail must not be given mechanically: SC
Anticipatory bail must not be given mechanically: SC

Hindustan Times

time29 minutes ago

  • Hindustan Times

Anticipatory bail must not be given mechanically: SC

New Delhi, The Supreme Court has said anticipatory bail in cases involving serious offences should not be given in a mechanical manner. A three-judge bench of Justices Vikram Nath, Sanjay Karol and Sandeep Mehta made the observation while setting aside an order of anticipatory bail to four accused in a murder case. "The order of the High Court does not disclose any reasoning for granting anticipatory bail in a matter involving serious offences under Sections 302 and 307 IPC," the bench said in its May 1 order. It continued, "The impugned order is cryptic and lacking in judicial analysis. In cases involving serious offences, the grant of anticipatory bail in such a mechanical manner cannot be sustained and is liable to be set aside." On a plain reading of the FIR and accompanying material, the court noted that the appellant's father was assaulted and killed in the presence of the appellant, who was also the informant. "The incident appears to have stemmed from a dispute regarding obstruction of a pathway. The specific roles attributed to the accused, as stated in the FIR, indicate that they participated in the assault even after the deceased had collapsed," the top court said. The high court, it said, "clearly failed" to appreciate the gravity and nature of the allegations in the case. The accused persons was, as a result, directed to surrender within eight weeks. The order came on a plea filed by the son of the victim, challenging the order granting them anticipatory bail. The victim was assaulted in 2023 with an iron rod and sticks during a dispute between neighbours. As a result of the head injury, he succumbed to injuries the same day and an FIR was registered on the basis of the appellant's statement against seven accused persons.

RBI Guv flags crypto concerns, says it may hamper financial stability
RBI Guv flags crypto concerns, says it may hamper financial stability

Business Standard

time35 minutes ago

  • Business Standard

RBI Guv flags crypto concerns, says it may hamper financial stability

RBI Governor Sanjay Malhotra on Friday said the central bank is concerned about cryptocurrencies as it can hamper financial stability. Malhotra was replying to a question during a media interaction post the RBI monetary policy about the developments in the backdrop of the Supreme Court's observation on crypto currency last month. "There is no new development as far as crypto is concerned. A committee of the government is looking after this. Of course, as you are aware, we are concerned about crypto because that can hamper financial stability and monetary policy," Malhotra said. The Supreme Court has last month asked the Centre to formulate a "clear cut" policy on regulating cryptocurrency, while underlining its impact on the economy. A Supreme Court bench termed the Bitcoin trade as an illicit trade more or less like "hawala" business. India is currently working on a discussion paper for cryptocurrencies and an inter-ministerial group (IMG), comprising officials from RBI, Sebi and finance ministry, is looking into global norms. In absence of any regulation, cryptocurrency is not yet illegal in India. The discussion paper will give the stakeholders an opportunity to give their views before India decides on its policy stance on cryptocurrencies. In 2022, the government announced a flat 30 per cent tax on gains arising from cryptocurrencies. Taxing income from cryptocurrencies does not necessarily and explicitly legalise cryptocurrencies. Currently, crypto assets are unregulated in India. Here cryptocurrencies are regulated from the perspective of anti-money laundering law. Besides that, income tax and TDS is levied on earnings from trading in such virtual digital assets. Also, GST is levied on cryptocurrency exchanges. It may be noted that, on March 4, 2021, the Supreme Court had set aside an RBI circular of April 6, 2018, prohibiting banks and entities regulated by it from providing services in relation to virtual currencies.

NEET-PG exam on August 3, Supreme Court accepts delay, citing security, logistics
NEET-PG exam on August 3, Supreme Court accepts delay, citing security, logistics

India Today

time2 hours ago

  • India Today

NEET-PG exam on August 3, Supreme Court accepts delay, citing security, logistics

The Supreme Court on Thursday granted permission to the National Board of Examinations (NBE) to hold the NEET PG 2025 exam on August 3, replacing the initial date of June 15 because of issues with security and transparency in the exan. The order comes after the NBE filed an application requesting extra time to arrange for the Court had previously complained about the holding of the exam in two shifts, warning that it may lead to unfair variations in levels of bench headed by Justice PK Mishra, along with Justices JB Pardiwala and Sanjay Karol, asked why a two-month delay was necessary. "Why can't it be held in July? This will delay the whole admission process," observed the bench. Additional Solicitor General KM Nataraj, who was representing the Centre, stated that there was a delay owing to logistical issues. He added that the number of centres for exams had to be doubled and security measures enhanced. "Even a minor slip could have serious repercussions," he informed the court accepted the apprehensions but reminded the NBE that it had given its consent to hold the exam on May 30. "What have you done after that?" asked Justice Mishra, emphasising that fairness and integrity of the exam process could not be NBE guaranteed the court that the extension was in the interest of students, and that everything was being done to conduct the exam in a single shift throughout the country -- as ordered in an earlier case is based on a petition by the United Doctors Front, questioning the two-shift system and claiming that it would bring unequal opportunities to the new date fixed, medicos now have certainty and a just platform to sit for the coveted exam.(WITH PTI INPUTS)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store