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SEBI chairperson Madhabi Puri Buch is scheduled to look earlier than the Parliament’s Public Accounts Committee on Thursday in what could develop into a stormy assembly following a senior BJP member’s accusation that political motivations are guiding the actions of the panel’s chairman and Congress MP Okay C Venugopal.
The assembly’s agenda consists of oral proof of representatives of the finance ministry and the Securities and Alternate Board of India (SEBI) as a part of the committee’s resolution to go for the “efficiency assessment of regulatory our bodies established by Act of Parliament”.
Whereas the committee’s resolution to incorporate the efficiency assessment of regulatory our bodies established by laws in its agenda invited no protest, Venugopal’s transfer to name Buch raised hackles of the ruling celebration members as she has been on the centre of a political row ignited by US agency Hindenburg’s allegations in opposition to her.
The short-seller firm’s accusation of battle of curiosity in opposition to Buch was seized by the Congress to hunt her ouster and to assault the federal government, rendering political dimensions to the panel’s missive to her to look earlier than it.
BJP MP Nishikant Dubey, a member of the panel, wrote to Lok Sabha Speaker Om Birla in opposition to Venugopal, accusing the senior Congress chief of raking up non-existent points to defame the central authorities and destabilise the nation’s monetary construction and economic system. Venugopal has not reacted to the accusations.
SC to listen to Sharad Pawar plea over image
The Supreme Court docket on Tuesday stated it might hear Thursday a plea filed by veteran chief Sharad Pawar-led group elevating the problem over the usage of “clock” image by Maharashtra Deputy Chief Minister Ajit Pawar-led faction of the Nationalist Congress Social gathering (NCP).
The applying was talked about for pressing itemizing earlier than a bench of Justices Surya Kant and Ujjal Bhuyan.
Sharad Pawar had moved the apex court docket in opposition to the February 6 order of the Election Fee (EC) recognising Ajit Pawar-led group as the true NCP. The EC had allotted the NCP’s “clock” image to the group led by Maharashtra Deputy Chief Minister Ajit.
On March 19, the highest court docket allowed the Sharad Pawar faction to make use of “Nationalist Congress Social gathering-Sharadchandra Pawar” as its title together with the image of a person blowing “turha” forward of the Lok Sabha polls within the nation.
Maharashtra Meeting Speaker Rahul Narwekar had on February 15 held the NCP faction led by Ajit Pawar to be the true NCP and stated the anti-defection provisions within the Structure can’t be used to stifle inside dissent.
– With PTI inputs