Rain damage; Govt mulling special package for coastal districts: Deshpande
Bengaluru, July 09: To take up relief works for the damages caused by the rains, the government has released Rs 6.79 crore and Rs 6.05 crore to Dakshina Kannada and Udupi districts respectively. The government would think of providing a special package to find permanent solution to rain related damages after discussing with the respective deputy commissioners, said Revenue Minister RV Deshpande.
When Karkala MLA Sunil Kumar and Udupi MLA K Raghupathi Bhat raised the issues of rain related damages in coastal region and special package for permanent solutions during zero hour in the Session, the Minister said that total three members lost their lives in the Dakshina Kannada and Udupi districts and 14 and 11 houses were damaged in Dakshina Kannada and Udupi districts respectively. Precautionary measures were taken. If the house was completely damaged due to rain,Rs 95000 compensation would be given and Rs 75000 would be given for the partial damage. For those who lost their lives, the government would give Rs 5 lakh for the family members of the deceased under the Chief Minister’s Relief Fund, he clarified.
Chief Minister HD Kumaraswamy said that earlier, Rs 4 lakh was being given to the family members of the deceased and now, the relief amount was increased to Rs 5 lakh.
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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.
