Supreme Court Weekly Roundup [Jan 25 â Jan 31]
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Top Stories: 1. We Are Concerned About Broadcasts Which Incite Violence : Supreme Court Seeks Clarity From Centre On Powers Under Cable TV Act A Bench led by CJI SA Bobde asked the Central Government about its powers under Cable TV Networks(Regulation) Act 1994 to control broadcast of content (by electronic media), that has a tendency to incite violence. We aren t concerned so.
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SC asks promoters Prannoy, Radhika to apprise it of shares they hold in NDTV
The promoters told the apex court that they were willing to give undertakings that their shares in NDTV will not be transferred.
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NEW DELHI: The Supreme Court Thursday asked NDTV promoters Prannoy Roy and Radhika Roy to apprise it of the shares they hold in the company and their value by Friday.
The promoters told the apex court that they were willing to give undertakings that their shares in NDTV will not be transferred.
They have challenged the order directing them to deposit 50 per cent of the alleged unlawful gains which markets regulator Sebi found to have been made by them.
NDTV-SEBI matter in SC: Roys say news channel struggling, won t transfer shares
By IANS |
Published on
Thu, Jan 28 2021 16:03 IST |
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Prannoy Roy. (File Photo: IANS). Image Source: IANS News
New Delhi, Jan 28 : The promoters of NDTV Prannoy Roy and Radhika Roy on Thursday informed the Supreme Court that the news channel is facing financial hardship with limited resources.
A bench headed by Chief Justice S.A. Bobde and comprising Justices A.S. Bopanna and V. Ramasubramanian asked the Roys to inform about the shares they hold in the company and their value by Friday.
The submissions were made during the hearing of an appeal challenging the Securities Appellate Tribunal (SAT) order directing Roys to deposit 50 per cent of the alleged unlawful gains, which market regulator SEBI said they made.