Jagan accuses Sharmila of 'illegally' transferring shares, moves tribunal saying "no love left"
Hyderabad (PTI): YSRCP chief YS Jagan Mohan Reddy has moved the NCLT accusing his sister and AP Congress president YS Sharmila of illegally transferring shares of Saraswati Power and Industries holding by him and his wife Bharathi, on her and their mother Vijayamma's name.
The feud between Jagan and Sharmiala took a new turn in the form of the legal battle with the petition filed last month in the Hyderabad Bench of National Company Law Tribunal being taken up and posted to November for further hearing.
In the petition, Jagan said he entered into an MoU with Sharmila wherein he said that "out of love and affection" would transfer his and his wife's shares of Saraswati Power and Industries through gift deed to his estranged sister, subject to pending cases in respect of some properties including attachments by the Enforcement Directorate.
Jagan in a letter to his sister opined that the share transfer without fulfilling the legal obligations and clearance from court would potentially have adverse implications.
He, however expressed his desire to revoke the memorandum of understanding saying, "it is no secret that we are no longer on the best of terms, and in view of this changed situation, I wanted to formally intimate you and put you on notice that I have no further intent to act upon my original intent as expressed in the MoU."
Jagan said the properties, acquired by their father, former chief Minister YS Rajasekhar Reddy and the ancestral ones, were divided among the family members.
He intended to transfer the shares (Jagan's own property), in addition to Rs 200 crore he, directly or through their mother, gave to his sister during the past decade.
The former chief minister in his petition said he and Sharmila entered into a MoU on August 31, 2019 wherein he will transfer his and Bharathi's shares to his sibling at a later date after completing due process "unrelated to any consideration and purely out of love and affection".
"It is humbly submitted that to the utter shock and surprise of the petitioners…respondent No 1 (Saraswati Power and Industries) company wide board resolution has transferred the entire shareholding of petitioner no 1 and 2 (Jagan and his wife, respectively) in favour of respondent no 2 (Sharmila) and entire shareholding of petitioner number three (Classic Realty, owned by the family), herein in favour of respondent No 3 (Vijayamma)..." Jagan alleged.
The YSRCP chief said Sharmila, without gratitude and regard to the well-being of her brother, conducted a series of actions that deeply hurt him and that she also made several untrue and false statements publicly.
She also conducted actions that have not only been politically opposed to Jagan but are also blatantly untrue and have caused deep personal dissemination to him, Jagan said in his petition.
"The actions of Respondent No 2 (Sharmila) herein have strained the relationship between the siblings and have further resulted in melting down of all the love and affection the brother had for his sister," his petition said.
Due to actions by his sister, there is "no love left between the two siblings", and he decided not to proceed with his expression of intent to transfer the shares/properties as envisaged under the MoU and gift deed.
After differences cropped up with his brother, Sharmila joined the Congress party earlier this year and was made the president of its Andhra Pradesh unit. She unsuccessfully contested from Kadapa Lok Sabha constituency in the May general elections.
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Sanjay Raut demands re-election, alleges irregularities in EVMs during Maharashtra polls
Mumbai, Nov 25: Shiv Sena (UBT) MP Sanjay Raut on Monday demanded a re-election in Maharashtra using ballot papers, claiming there were irregularities with the electronic voting machines (EVMs).
Talking to reporters, Raut alleged several complaints about EVMs malfunctioning and questioned the integrity of the recently held elections.
The BJP-led Mahayuti won 230 out of 288 seats in the assembly elections, while the opposition Maha Vikas Aghadi managed 46 seats, with Shiv Sena (UBT) winning just 20 out of 95 seats it contested.
"We have received nearly 450 complaints regarding EVMs. Despite raising objections repeatedly, no action has been taken on these issues. How can we say these elections were conducted fairly? Hence, I demand that the results be set aside and elections be held again using ballot papers," Raut said.
Citing some instances, he said a candidate in Nashik reportedly received only four votes despite having 65 votes from his family, while in Dombivli, discrepancies were found in EVM tallies, and election officials refused to acknowledge the objections.
The Sena (UBT) leader also questioned the credibility of the landslide victories of some candidates, saying, "What revolutionary work have they done to receive more than 1.5 lakh votes? Even leaders who recently switched parties have become MLAs. This raises suspicions. For the first time, a senior leader like Sharad Pawar has expressed doubts about EVMs, which cannot be ignored."
Asked about the MVA's poor performance in the elections, Raut rejected the idea of blaming a single individual.
"We fought as a united MVA. Even a leader like Sharad Pawar, who commands immense respect in Maharashtra, faced defeat. This shows that we need to analyse the reasons behind the failure. One of the reasons is EVM irregularities and the misuse of the system, unconstitutional practices, and even judicial decisions left unresolved by Justice Chandrachud," he said.
Raut stressed that though internal differences might have existed within the MVA, the failure was collective.
He also accused the Mahayuti of conducting the elections in an unfair manner.
"I cannot call the elections fair given the numerous reports of discrepancies in EVMs, mismatched numbers, and vote irregularities across the state," Raut said.
