Through the PIL, Subramanian Swamy alleged that Axis Bank made undue profits from share transactions in Max Life Insurance, and had also slammed the IRDAI’s penalty on Max Life as insufficient
Senior counsel for Axis Bank as well as Max Life told a bench headed by Acting Chief Justice Manmohan that the PIL by the former BJP MP was not maintainable as the issue squarely fell in the realm of a commercial transaction between private entities.
BJP leader Subramanian Swamy moved the Delhi High Court, alleging the private bank's involvement in an Rs 5,100-crore scam
In an interview with PTI here, Subramanian Swamy spoke about how his recent tweet on being "sorrowful" regarding the demise of former Pakistan president Pervez Musharraf which has received a lot of criticism online.
"I wish to withdraw this, it is the Jet-Etihad matter. Now there is no Jet, no Etihad," Swamy told a bench of Justices M R Shah and C T Ravikumar.
A bench of Justices B R Gavai and B V Nagarathna issued notices to the Central Bureau of Investigation and Reserve Bank of India and sought their replies on Swamy's plea.
The ruling came after Additional Solicitor General Sanjay Jain, who appeared for the Centre, said the government is not obligated to provide an official accommodation to those under security cover.
Ram Sethu, also known as Adam’s bridge, is a chain of limestone shoals between Pamban Island, off the south-eastern coast of Tamil Nadu, and Mannar Island, off the north-western coast of Sri Lanka.
In the letter to the poll panel, Swamy has demanded that the registration of the DMK must be cancelled for "atrocious" statements by its leaders. He has also urged the Election Commission to cancel DMK's election symbol and allow him to argue his case before it.
The detailed judgment will be made available in the public domain shortly, the court intimated.
Swamy has sought a detailed investigation into the disinvestment process which, he claimed, was rigged in favour of Tatas
Subramanian Swamy also held the Union finance minister responsible for the price rise it the country, saying she does not consult anyone.
Mamata, Modi to discuss issues concerning the enhancement of the BSF jurisdiction as well as the ongoing 'atrocities' in Tripura.
The Chief Minister's statement came as the Leader of Opposition Siddaramaiah quoted Swamy's February 2, 2021 tweet, which read, 'Petrol Rs 93 in Ram's India, Rs 53 in Sita's Nepal and Rs 51 in Ravan's Lanka.'
Rajya Sabha MP Subramanian Swamy alleged that the thesis said the BJP is "a pro-Hindu upper caste party".
Justice Suresh Kait, while issuing notice to the Gandhis, AICC general secretary Oscar Fernandes, Suman Dubey, Sam Pitroda and Young India (YI), sought their stand on Swamy's plea by April 12 and stayed the proceedings in the case till then.
"These scams have been caused due to the active connivance of the RBI officials which has failed to prevent these scams despite being vested with substantial powers under various legislations," Swamy said in the plea.
Netizens, while reacting to Subramanian Swamy's post, questioned the use of religion while criticising the government. They also accused the former Union minister of spreading factually inaccurate information.
He has urged the prime minister to instruct the Finance Ministry and the RBI to include farm and agricultural loans in the moratorium package
Swamy took part in a virtual meeting organised by Indo American Chamber of Commerce, Telangana State and Andhra Pradesh Branches.