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High Court stays further proceedings in defamation case against Stalin

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Stalin

Chennai | The Madras High Court stayed on Friday further proceedings in a defamation case against DMK chief M K Stalin filed in 2012.

The court, however, directed him to appear before a special court set up exclusively to try cases against MPs and MLAs, and file an undertaking that he would present himself before it without waiting for the summons, in case the petition was dismissed.

Justice P N Prakash passed the interim order while admitting the petition filed by Stalin to quash the defamation proceedings before the special court.

Noting that the case has been transferred to the special court, he directed Stalin to appear before it within two weeks from the date of receipt of the order and execute a bond for Rs 5,000 without surety.

Thereafter he should give the undertaking to appear before the special court without waiting for summons in the event of dismissal of his petition, Justice Prakash said.

The matter relates to a criminal defamation case filed against Stalin by the city public prosecutor for a statement he allegedly made against late chief minister Jayalalithaa on August 2, 2012 that she was on vacation when the whole city was suffering from cholera.

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Government likely to make announcement on RBI soon: Finance Secretary

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New Delhi | The government is likely to make an announcement regarding Urjit Patel’s successor as Reserve Bank of India’s Governor later in the day, Finance Secretary A N Jha said.

RBI has been rendered headless following Patel’s unexpected resignation, with immediate effect, Monday. Patel, who is the first governor since 1990 to step down before his term ends, in a brief statement, cited “personal reasons” for the decision.

The decision to quit comes four days ahead of a crucial meeting of the board of the central bank that could have discussed issues of simmering differences with the government. It is expected that the board meeting may be deferred as there is no regular governor.

Speaking to reporters, Jha said, some communication from the government on RBI is expected.

Patel’s three-year term was to end in September 2019, and he was eligible for a second term like most of his successors, barring a few like his outspoken predecessor Raghuram Rajan.

A Kenyan national who acquired an Indian citizenship prior to being appointed Deputy Governor of RBI in January 2013, Oxford-trained Patel was initially seen as toeing government line after he backed the November 2016 shock decision to overnight junk 86 per cent of the currency in circulation.

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Former Kerala Minister C N Balakrishnan dead

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Kochi | Veteran Congress leader and former Kerala minister C N Balakrishnan died at a private hospital here, party sources said Tuesday.

He was 84. Balakrishnan, a former Cooperation minister, undergoing treatment for pneumonia at a private hospital here and the end came late Monday night, the sources said.

He is survived by his wife and two daughters.

Chief Minister Pinarayi Vijayan and Leader of the Opposition in the state assembly Ramesh Chennithala were among those who condoled his death.

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Eminent economist Surjit Bhalla resigns from EAC-PM

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New Delhi | Eminent economist and columnist Surjit Bhalla on Tuesday said that he had resigned as part-time member of Economic Advisory Council to the Prime Minister(EAC-PM) on December 1.

“I resigned as a part-time member of PMEAC on December 1,” Bhalla said on social networking site Twitter.

The EAC- PM is headed by Niti Aayog member Bibek Debroy. Economists Rathin Roy, Ashima Goyal and Shamika Ravi are other part-time members.

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