Citizens' Issues
Calcutta HC asks police to file FIR against TMC MP Tapas Pal

The HC asked police to register a case against Pal within 72 hours for threatening to kill CPM workers during the poll campaign


The Calcutta High Court has directed police to file a first information report (FIR) against Trinamool Congress MP Tapas Pal in connection with his hate speech.


The High Court asked the police to register a case against Pal within 72 hours for threatening to kill CPM workers during the poll campaign.


The court also asked CID to probe the hate speech video of Tapas Pal. The court further said that the hate speech video should be investigated by CBI (Central Bureau of Investigation).



M P Rao

2 years ago

Good to hear this news but not without regret to note that only an intervention of the Higher Judiciary could enable the initiation of action on a crimes of a VIP, especially who happens to be backed by the ruling party of the state.

Supreme Court quashes law for setting up National Tax Tribunal

In a majority decision, the Constitution Bench of the apex court said that NTT encroached upon the power of higher judiciary


The Supreme Court on Thursday quashed the a 2005 law for setting up National Tax Tribunal (NTT).


The Constitution Bench comprising Chief Justice RM Lodha, Justices JS Kehar, Jasti Chelameswar, AK Sikri and RF Nariman said, that the NTT encroached upon the power of higher judiciary, which can only decide questions of substantial law and not a tribunal.


The Bench quashed Sections 5, 6, 7, 8 and 13 of the National Tax Tribunal Act, 2005 rendering the law ineffective for all practical purposes.


The ruling could also affect all similar tribunals set up to decide substantial questions of law, including the National Company Law Appellate Tribunal (NCLAT) that is also facing legal challenge.


Details of the sections which have been struck down from the NTT Act include:


Section 5


The jurisdiction of the NTT may be exercised by the Benches to be constituted by the Chairperson. The Benches of the NTT shall sit in the NCT of Delh or such other places as the Central government may, in consultation with the Chairperson, may notify. The Chairperson may permit a Bench to hold a temporary sitting for a period not exceeding fifteen days at a place other than its ordinary place of seat. The Central government shall determine the number of Benches and each Bench shall consist of two members. The Central government may in consultation with the Chairperson transfer a Member from headquarters of Bench in one State to the the headquarters of another Bench in another State or to the headquarters of any other Bench within a Sate.


Section 6


The Chairperson of the NTT shall be a person who has been a Judge of the Supreme Court or the Chief Justice of a High Court. A person shall not be qualified for appointment as Member unless (a) he is or has been or is eligible to be a Judge of a High Court; or (b) he is or has been a Member of the Income Tax Appellate Tribunal of the Customs, Excise and Service Tax Appellate Tribunal for at least seven years.


Section 7


The Chairperson and Members shall be appointed by the Central Government and on the recommendations of a Selection Committee consisting of (a)the Chief Justice of India or a Judge of the Supreme Court nominated by him; (b) the Secretary in the Ministry of Law and Justice (Department of Legal Affairs); (c) the Secretary in the Ministry of Finance (Department of Revenue). No appointment of the Chairperson or of other Members shall be invalidated merely by reason of any vacancy or defect in the constitution of the Selection Committee.


Section 8


The Chairperson and every other Member shall hold office as such for a term of five years from the date on which he enters office but shall be eligible for re-appointment. Maximum age for Chairperson is 68 years and maximum age for any other Member is 65 years.


Section 13


A party to an appeal other than the government may either appear in person or authorise one or more chartered accountants or legal practitioners or any person duly authorised by him to present his case before the NTT. The government may authorise one or more legal practitioners or any of its officers to present its case before the NTT.


Lear Capital’s 'Free' Silver Will Cost You $20,000

Know what you're getting into with this promotion for $500 worth of "free" silver coins


Lear Capital wants you to feel special, one of a kind. “We’re holding $500 worth of free silver coins!” reads a headline on “Just for you!”

But the reality is you have to purchase $20,000 of silver from the precious metals seller before you get the $500 worth of “free” silver. The fine print on explains this stipulation only as “on qualifying purchases.” You have to call the company to get the full story. So we did.

“The amount you get free is based on a percentage,” a company representative said, with notably less enthusiasm than the proclamations made on “With every amount you purchase, you get an additional 2 1/2 percent.”

So do the math — 2 1/2 percent of $20,000 is $500 — and there you have your “free” silver coins. You only had to buy the equivalent of a Hyundai first.

RELATED: Lear Capital: A Golden Opportunity?

But that’s not the only ploy in Lear Capital’s advertising arsenal. In a TV ad touting the same promotion, the company claims that silver has seen an average growth of 20 percent a year over the past decade. But it’s the decade ending in the year 2010.

Since then, the price of silver has plummeted more than 60 percent, from a high in April 2011 of $48.48 an ounce to its current rate of $18.50.


But you won’t find the above statistics mentioned in Lear Capital’s promotion for free silver, which we now know isn’t free. So much for you guys being buddy-buddy.

As with gold, an investment in silver and other precious metals can help diversify your portfolio and help hedge against inflation but it pays to ask yourself some questions before making that big purchase.



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