Court Grants Police 3-Day Custody Of Former IL&FS Chairman
NDTV
Ravi Parthasarathy had allegedly presented rosy financial statements before the common investors and floated deposit schemes in the nature of non-convertible bonds, offering better rate of interest and promising better return.
A special Court has granted police three-day custody of Ravi Parthasarathy, former chairman of the bankrupt Infrastructure Leasing and Financial Services (IL&FS), who was arrested by the Economic Offences Wing. Special Judge M Jothiraman of the court, constituted under the "Tamil Nadu Protection of Interest of Depositors Act", ordered the police custody while passing orders on a petition from the Deputy Superintendent of Police (DSP), Economic Offences Wing-II in Guindy, on June 16. According to a complaint from 63 Moons Technologies Limited and others against the Infrastructure Transport Networks India (ITNL) and 21 others, they had purchased non-convertible debentures for several crores of rupees. Ravi Parthasarathy, with the help of other accused, presented rosy financial statements before the common investors, including the complainant and floated deposit schemes in the nature of non-convertible bonds, offering better rate of interest and promising better return.
The NCP (SP) candidates who defeated their NCP rivals included Jitendra Awhad who defeated Najeeb Mulla in Mumbra Kalwa.
Jan Suraaj candidates failed to make a significant impact, finishing third in three constituencies and one in the fourth position.
Police arrested Deepak Max, 20, caught after an encounter by Crime Branch, while Krish Gupta, 18, by local police from the same area.
The prime minister said the Maharashtra election also shows that only one Constitution will work in India and that was given to the people of the country by B R Ambedkar.
The Prime Minister said the Congress' outsized interest in its own welfare is a "threat to democracy".
Maharashtra Assembly Election Results 2024: Robin Sharma, Eknath Shinde's campaign strategist, shares what and how he did it
Maharashtra assembly election results 2024: Prime Minister Narendra Modi referred to the Maha Vikas Aghadi (MVA) alliance as something that was stitched at the last minute for selfish reasons
This is the third consecutive time that the BJP has emerged as the largest party in Maharashtra, which is undoubtedly a historic feat, Prime Minister Modi said.
Mr Chadha pointed out that the three seats in which the AAP emerged victorious had never been won by the party before.
Speaking to reporters in Nagpur as the ruling coalition was on its way to win a massive victory in the assembly elections, she said her son, currently a deputy chief minister, knows how to overcome challenges.
Maharashtra Assembly Election Results 2024: "Cannot believe Maharashtra, which listened to me as head of family during COVID, will behave with me this way" said Uddhav Thackeray.