Citizens' Issues
Delhi Police may quiz Mehr Tarar in Sunanda Pushkar death case
Sunanda Pushkar was found dead a day after she was involved in a spat with Pakistani journalist Tarar on Twitter over the latter’s alleged affair with Shashi Tharoor
 
Delhi Police investigating the Sunanda Pushkar death case on Thursday said it may question Pakistani journalist Mehr Tarar over whom she fought with her husband Shashi Tharoor before her death last year.
 
Delhi Police Commissioner BS Bassi said Tarar may be questioned, if required, as she may throw light in the case.
 
“If required, we will speak to her as she is a relevant person who can throw light in the case. Our efforts will be to talk to her,” Bassi said when asked whether the SIT probing the case will examine her.
 
Sources in the police said a formal request may be sent to her through “official channels” to join the investigations.
 
Tarar had two months back said she was ready to answer any question on the issue.
 
“If they want to ask me anything...If they want to ask me any question whatsoever that they think...I can answer,” 46-year-old Tarar had said a day after Delhi Police had registered a murder case into Sunanda’s death.
 
52-year-old Sunanda was found dead in her suite at a five-star hotel in south Delhi on the night of 17 January 2014, a day after she was involved in a spat with Tarar on microblogging website Twitter over the latter’s alleged affair with Tharoor.
 
Tharoor was questioned by the investigators last month.
 
Bassi said investigators have also asked the Federal Bureau of Investigation (FBI) in the US to complete examination of Sunanda’s viscera as soon as possible.
 
A senior police official had gone to the US to give the sample of Sunanda’s viscera to the FBI.
 
The investigators want to confirm the kind of poison found in Sunanda’s body by a panel of doctors from AIIMS.
 
The AIIMS report could not find out the kind of poison in her body.
 
“We had told them (FBI) to do it as early as possible. They follow certain procedures and processes. So it may take some time,” Bassi said.
 
He said, if required, Tharoor will “definitely” be called for questioning again.
 
He said certain gadgets obtained by the investigators are also being examined. 

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NSE finds ‘serious liquidity concerns’ with some brokers
NSE said some of the members were not adhering to the requirement of settling client accounts once a month or a quarter, as desired by the investor 
 
The National Stock Exchange (NSE) said following an inspection, it came across some 'serious liquidity concerns' in case of certain brokers. The Exchange conducted routine inspection of actual settlement of client accounts, but said this time there were large number of complaints against some members from investor for non-receipt of funds and securities.
 
Without disclosing the names of the concerned brokers, the NSE, in a circular (Ref.No. 223/2015) issued to all members said that some of them were not adhering to the requirement of settling client accounts once a month or a quarter, as desired by the investor.
 
“It is also observed that the funds available with the Member were reported to be short of the amount payable to the clients as per the settlement cycle, which indicates serious liquidity concerns,” the Exchange said, while warning the brokers of serious action for lapses on their part.
 
“In the recent past, the Exchange has also received large number of investor complaints for non-receipt of funds and securities against some Members,” it added.
 
As per SEBI guidelines for Settlement of Client Accounts, the Exchange regulations require “clear segregation between client funds and securities with that of the Member and the permissible purposes for which the funds and securities can be transferred from client accounts.
 
The brokers are also required to settle the client accounts once a month or a quarter, as per the consent obtained from the client.
 
“Members may appreciate that the facility of running account is provided for operational convenience and should be used responsibly and judiciously. However, it is observed during Exchange-conducted inspections and the half yearly internal audits conducted by member-appointed Internal Auditors that some Members are not diligently adhering to the requirement of settling client accounts once a month or quarter as per the consent of client,” the NSE circular said.
 
The Exchange has asked its members to ensure that the funds and securities available in the client accounts, together with balances available with the clearing member and funds with clearing corporation, are not less than the funds and securities payable to the client at all times.
 
“Members are also advised to reconcile client beneficiary accounts and the register of securities on a quarterly basis and maintain complete audit trail and documentation of such reconciliation.
 
“Any discrepancy between amounts, securities payable to clients and the actual balances available in client’s bank and beneficiary accounts together with the balances available with clearing member or clearing corporation and any instance of actual settlement not done shall be viewed very seriously,”  NSE said.
 
The Exchange has directed all members to ensure compliance to this circular.

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COMMENTS

VGANESAN

2 years ago

My understanding is this one and corporate espionage and fedrate hike and grossly overvalued market will trip our market. ONce nifty breaks 8400 with good volume next target is 7500 similar to year 2000 and 2008

Vaibhav Dhoka

2 years ago

As market get heated up brokers use different tricks to downplay liquidity concern.In my case I have trading account with Religare.It was POA account which was immediately withdrawn back I sold some securities and its payment was due on 3rd day.As I didn't receive payment I wrote to broker as well SEBI. The payment was received after this,I demanded interest @21% as brokers charge their client,broker refused so as NSE who was reference from SEBI. This is state of affair here.Investor is never heard.

Manmohan Singh thanks Congress, Sonia Gandhi for showing solidarity
Sonia Gandhi led a march to show solidarity to Singh’s residence in which several of former ministers Chidambaram, Anand Sharma, Ambika Soni, Veerappa Moily and K Rehman Khan were present
 
Former Prime Minister Manmohan Singh on Thursday thanked the Congress and party Chief Sonia Gandhi for showing solidarity with him and said he was grateful to them.
 
Shortly after the Congress President and other top leaders marched to his residence to show their support to him, he said he was “more than pleased and grateful”.
 
“The Congress party, Soniaji and all members of the working committee and senior leaders have come to my residence, expressed solidarity with me and that we will fight this case to the best of our ability,” said the former Prime Minister, who has been summoned as an accused in a coal scam case.
 
Earlier in the day, Sonia Gandhi chaired a meeting of the CWC at Congress headquarters and immediately led a march to Singh’s residence about half a km away in the heart of the capital in which several of Singh’s Cabinet colleagues P Chidambaram, Anand Sharma, Ambika Soni, Veerappa Moily and K Rehman Khan were present.
 
The Congress leaders also attacked the government accusing it of maintaining a “studied silence” after the CBI had told the court that there was no criminality involved in the allocation of Talabira coal blocks II to Hindalco company of Aditya Birla group in Odisha in 2005 when Singh also held the portfolio of coal. Gandhi declared that they would fight the case with all legal means at their command
 
“I was outraged at the news that summons had been served to Manmohan Singh,” the Congress President said.
 
“The former Prime Minister is known not only in our country but throughout the world as being a person of integrity and probity. We are here to offer our unstinted support, our solidarity.
 
“The Congress party is fully behind him. We shall fight this legally and with all our means at our command. We are sure, we are convinced that he will be vindicated,” she told reporters at Singh’s residence. 
 
A special court had summoned Singh along with industrialist Kumar Mangalam Birla, ex-coal secretary PC Parakh and three others as accused in a case pertaining to allocation of Talabira-II coal block in Odisha in 2005 and asked them to appear before it on 8th April. 

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