Heavy downpour in Kodagu causes landslides, collapse of houses
Madikeri, July 09: The Punarvasu rain has been lashing out at in the district causing widespread damage to the houses and properties besides landslides and uprooting of trees in several places.
Though the intensity of the rain came down in Talakaveri and Bhagamandala in the district, the road connectivity between the two places is disconnected as the flood water is flowing on Ayyangeri road for the last three days. However, the traffic movement was resumed on Madikeri road as the water level receded on it.
The Talakaveri region has received more than 5 inch rainfall in one day. Compared to this, district centre Madikeri received more than 6 inch rainfall from Sunday. The storm-water drainages in the city are overflowing with rainwater and inflow into the Onkareshwara Temple pond is increased, the water is being released. A part of the house belonging to Rashmi Pradeep near AV School was collapsed on Sunday night. But no casualty was reported. The houses of Abubakkar and Nabisa of Tyagarajnagar were also damaged partially.
SDPI city unit president Khaleel, leaders Basheer, Ummar, Nasir, Mohammad and others visited the areas where houses were damaged and distributed plastic sheets to get protection from rains. Landslides were occurred near Madenadu village on Mangaluru road and mud covered on the road disturbing the vehicular movement for some time. But later, the mud was removed to let the vehicles. Traffic movement was also suspended for some time as trees fell on the road at Kadagadalu, Kagodu, Boikere and other places. As Napoklu, Srimangala, Balele and Ponnampete have been receiving heavy rains, Lakshmana Theertha river is overflowing above the normal level.
Heavy rains in Somawarapete
In the last 24 hours, the taluk has received heavy rains in urban and rural areas causing landslides and other damages to the properties. As the roadside hillock was collapsed, on the road leading to Gandhi Nagar from Alekatte in Choudlu gram panchayat limits, the road was covered with mud. Though locals demanded retention wall along the road, no action was taken against it. Hundreds of vehicles including school vans are plying on this road every day. People said that the zilla panchayat engineering division should be held responsible if anything happened.
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SC orders liquidation of grounded air carrier Jet Airways' assets
New Delhi (PTI): The Supreme Court on Thursday exercised its extraordinary constitutional powers and ordered the liquidation of grounded air carrier Jet Airways' assets.
A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra set aside the National Company Law Appellate Tribunal (NCLAT) decision upholding the resolution plan of Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC).
Pronouncing the judgement for the bench, Justice Pardiwala allowed the plea of SBI and other creditors against the NCLAT decision that upheld the resolution plan of Jet Airways in favour of JKC.
It said the liquidation of the air carrier was in the interest of creditors, workers and other stakeholders.
The bench rapped NCLAT for its decision.
The top court used its powers under Article 142 of the Constitution which gives it the power to make orders and decrees to ensure complete justice in any matter or cause pending before it.
The NCLAT on March 12 upheld the resolution plan of the grounded air carrier and approved the transfer of its ownership to JKC. The SBI, Punjab National Bank (PNB) and JC Flowers Asset Reconstruction Private Limited have challenged the NCLAT verdict.
