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SC seeks response from ED on Mallya’s plea
New Delhi, Dec 7 (IANS) The Supreme Court on Friday sought the Enforcement Directorate’s response on beleaguered industrialist Vijay Mallya’s plea challenging the proceedings before a Mumbai court seeking to declare him a fugitive economic offender and attach his assets.
Issuing notice to the ED and the Maharashtra government, a bench of Chief Justice Ranjan Gogoi and Justice Sanjay Kishan Kaul, however, did not put on hold the proceedings before the Mumbai Special court against Mallya under the Fugitive Economic Offenders Act.
Senior counsel Fali Nariman, who appeared for Mallya, said that any such declaration would directly affect the rights of the various parties including the lending banks who are seeking the recovery of their money given to now grounded Kingfisher airlines.
Mallya has challenged the November 22, 2018 order of Bombay High Court rejecting his plea on the preliminary grounds that the October 30 order of the Special Court under the Prevention of Money Laundering Act, 2002 (PML Act) was not appealable under Section 17(1) of the Fugitive Economic Offenders Act (FEO Act).
The High Court had said that the October 30 order of the Special Court under the Prevention of Money Laundering Act, 2002 and the Fugitive Economic Offenders Act could not be appealed under the FEO Acty as the Special Court had not decided any issue or determined any right of Mallya.
Mallya in his petition has said that the Bombay High Court should have given primacy to the determination of a question whether he was in possession of any “proceeds of crime”, which he contended could only be decided in the “earlier proceedings pending before the appellate tribunal”.
“The dismissal of stay application amounts to determination of an issue, apart from adversely affecting the petitioner’s rights,” Mally said in his appeal against the High Court order.
The appeal further contended that the declaration that Mallya was “an alleged fugitive economic offender could not be viewed in vacuum and in disjunction from the issue of confiscation of properties/assets under FEO Act”.
It contended that “an order declaring Mallya as an alleged “fugitive economic offender” and thereafter not proceeding to order confiscation of his properties/assets would amount to passing an order in futility.
The appeal has said that the High Court had failed to appreciate that all the assets and properties of which confiscation was sought were the subject matter of proceedings initiated by ED under PMLA and the probe agency was already in possession of them.
The Directorate of Enforcement in July moved the Special Court under the PML Act seeking to declare Mallya as a “fugitive economic offender” under the Fugitive Economic Offenders’ Act, 2018, and confiscate his assets worth around Rs 12,500 crore.
–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.