Bengaluru: Chief Minister Siddaramaiah unveiled the 21st annual special issue of 'Vartha Bharati,' Kannada daily, at the State Finance Corporation office on Thursday.

Expressing his pleasure, Siddaramaiah stated, “It is with great pleasure that I release the 21st annual special issue of Vartha Bharati. For 21 years, through objective journalism, they have fearlessly presented the truth to the people. Vartha Bharati is committed to delivering news that is essential for society."

He acknowledged reading Vartha Bharati daily, praising its independent and fearless reporting. Siddaramaiah commended the newspaper for its editorials addressing burning issues and wished it continued success.

During the event, CM Siddaramaiah presented the first copy of the annual issue to Madan, and Sneha, students who represented readers of Vartha Bharati. NRI businessman Nasir Syed, Director of Samvahana Campaigns Pvt. Ltd., presented a memento to the CM on behalf of Vartha Bharati.

Siddique Beary, Director of Bearys Group, presented the book 'What is going on in Palestine?' written by A.S. Puthige, the Editor-in-Chief of Vartha Bharati, to the CM.

The event was attended by Education Minister Madhu Bangarappa, Chief Minister's Political Secretary Naseer Ahmed, Senior Journalist Dinesh Amin Mattu, Additional Chief Secretary to the Chief Minister LK Atheeq, Private Secretary to CM Nellukunte Venkatesh, Chief Minister's Media Adviser K.V. Prabhakar, and partners of ESSEE Enterprises printing house, Shashidhar and Chandrasekhar, along with A.S. Puthige, Editor-in-Chief of Vartha Bharati.

 

 

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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.