Shifting ‘Aero India’ Air Show to Lucknow is not fair: CM
Hubballi, August 12: Chief Minister HD Kumaraswamy said that the Central Government’s decision to shift the venue of ‘Aero India’ air show being held in Bengaluru once in two years, to Lucknow eying the Lok Sabha elections was not fair.
Strongly condemning the decision of the central government at the Hubballi airport here on Sunday, the Chief Minister said that Uttar Pradesh has more Lok Sabha seats. So, the central government has shifted the Air Show to Lucknow to get political mileage. Bengaluru was a suitable place to conduct Air Show and the state has all basic infrastructure required for the air show. Because of this reason, the previous governments had selected Bengaluru for the show, he said.
It was not fair to select the Lucknow cornering Bengaluru. Recently, Defence Minister Nirmala Sitharaman was requested to conduct the air show in Bengaluru. Even then, the central government has not considered the appeal of the state government, he said.
Left to PWD
The issue of shifting the Karnataka State Highways Improvement Project (KSHIP) office to Hassan was left to PWD department. He would not interfere in this issue, he clarified.
“I have come to Hubballi for the first time after becoming the Chief Minister. Since election code of conduct for local body elections is in force, I cannot stay here. Otherwise, I would have toured the north Karnataka for three days. After the elections to the local bodies, I will tour the North Karnataka”, Kumaraswamy said.
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SC does not interfere with order allowing Adani to acquire JAL, asks NCLAT to decide expeditiously
New Delhi (PTI): The Supreme Court on Monday did not interfere with the order of the National Company Law Appellate Tribunal (NCLAT), which had refused to stay Adani Group's Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL).
The bench, however, restrained the monitoring committee of ailing JAL from taking any major policy decision without a prior nod from the NCLAT.
The top court asked mining giant Vedanta Ltd and successful resolution applicant, Adani Enterprises Ltd, to raise contentions and counterclaims before the NCLAT, which will commence final hearing on the row on April 10.
A bench comprising Chief Justice Surya Kant and Justice Joymalya Bagchi asked the NCLAT to decide the plea and the counter petition expeditiously on the dispute over the acquisition of JAL by the Adani group.
Earlier, Vedanta Ltd moved the top court seeking a stay on the order approving Adani Group's Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL).
Vedanta filed its appeal on March 25, a day after the National Company Law Appellate Tribunal (NCLAT) refused to stay implementation of the plan.
The insolvency appellate tribunal on March 24 declined any interim stay over the Vedanta Group's plea against the order passed by the National Company Law Tribunal (NCLT) approving the Adani Group's bid for acquiring JAL.
The NCLAT's two-member bench sought a response from the Committee of Creditors (CoC) of JAL within a week. It also directed to list the matter on April 10 for the next hearing.
Vedanta group was in the race to acquire JAL through an insolvency process, but the lenders in November last year approved the resolution plan of Adani Enterprises Ltd. The NCLT approved the Adani Group's bid.
Challenging the NCLT order, the Vedanta group has filed two appeals before the NCLAT. In the first, it has challenged the validity of the resolution plan, and in the second, it has challenged the approval of the plan by the CoC and the adjudicating authority -- the NCLT.
