SC response to Presidential reference 'deplorable, shocking': CPI(M) General Secretary
New Delhi (PTI) The Communist Party of India (Marxist) General Secretary MA Baby on Thursday said the Supreme Court's response to the Presidential Reference on timelines to grant assent to Bills was "deplorable and shocking".
President Droupadi Murmu had, exercising her power under the rarely used Article 143 (1),
posed 14 crucial questions before the top court over its April 8 verdict, which imposed a three-month deadline for the President and governors on dealing with Bills placed before them for assent, or consideration.
After deliberating on the Presidential Reference, a five-judge constitution bench headed by Chief Justice B R Gavai on Thursday opined that timelines cannot be fixed for the President and the governors for granting assent to Bills passed by state assemblies.
In an X post, the CPI(M) general secretary said, "The Supreme Court's answer in response to the Presidential Reference is deplorable and shocking. Courts should not hesitate to play a meaningful role in ensuring proper checks and balances between the Legislature, the Executive and the Judiciary."
Baby said that while on one hand the Supreme Court has said that timelines cannot be set for granting assent to bills, on the other, it said that the court can exercise a "limited power of judicial review to direct the governor to decide in a time-bound manner".
"Now, who will decide what is a time-bound manner?!! Judiciary should not absolve itself of its constitutional responsibility," Baby asked.
In its unanimous opinion on the Presidential Reference, the bench held that the Supreme Court cannot grant "deemed assent" as it would amount to virtual takeover of the role of a separate constitutional authority.
The bench also ruled that the governors do not have "unfettered" powers to sit over the Bills for "perpetuity" as they have only three options -- either to grant assent, or refer the Bills to the President, or withhold assent and send back them to the assemblies for reconsideration under Article 200.
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
