Cairn Energy claims order to seize 20 Indian properties in Paris
Daily NEWS Summary | 08-07-2021; Cairn Energy‘s dispute with India over the settlement of a $ 1.2 billion Hague award took a dramatic turn on Thursday, with the company claiming to have obtained a French court order allowing it to freeze at least 20 Indian properties in Paris.
- However, the government has denied any knowledge of the price. He said he appealed against the decision of the Permanent Court in The Hague in December 2020.
- Earlier, a Cairn Energy spokesperson said the ball was in India’s court to stop asset enforcement proceedings.
- “Our strong preference remains a friendly agreement with the Indian government to close this case, and to that end, we have submitted a series of detailed proposals to them since February of this year,” the spokesperson said in a statement.
- “However, in the absence of such an agreement, Cairn must take all necessary legal measures to protect the interests of its international shareholders,” the statement added.
- According to sources, the Paris Judicial Court award was the “necessary preparatory step” to take possession of the properties and to guarantee that all proceeds from the sale of the properties would accrue to Cairn Energy PLC as part of its enforcement efforts the law award from The Hague rendered last December in favor of Cairn.
- While Parisian properties are estimated at around $ 23 million, Cairn’s sources said they have identified assets worth around $ 70 billion in various jurisdictions that could potentially be seized by court rulings.
- Cairn’s lawyers have registered the Hague Award in courts of at least 10 jurisdictions, including the US, UK, Netherlands, Canada, France, Singapore, Japan, UAE Arab States and even the Cayman Islands.
- In June, Cairn’s lawyers approached New York’s Southern District court, saying Air India should be held accountable for the pending settlement, and said other state-owned companies could also be targeted. The government has until next week to present its challenge to this tribunal.
- Despite the snowballing dispute, the government and Cairn Energy have said they are open to continuing talks on the issue.
- In December, the three-member tribunal of the Permanent Court of Arbitration in The Hague unanimously ruled against India’s retroactive tax levied on Cairn in 2015, and ruled that the tax violated the bilateral investment pact.
SC grants bail to 13 people who were jailed for two decades despite proof of their youth
Daily NEWS Summary | 08-07-2021; The Supreme Court on Thursday granted provisional bail to 13 inmates who have been languishing in Agra prison for two decades after proving their youth at the time of the commission of the crime.
- A court of judges Indira Banerjee and V. Ramasubramanian allowed them to be released on bail when the government of Uttar Pradesh raised no objections.
- The petition submitted through lawyer Rishi Malhotra highlighted the “desolate and unfortunate situation” in Uttar Pradesh, where many prisoners continue to languish in prison despite proof that they are minors.
- A defendant can make a refugee claim at any stage of a criminal trial or even at any time after his conviction and sentence for a felony.
- If the claim turns out to be true, the court must uphold the conviction, but quash the sentence and send the case back to the Juvenile Justice Board. A minor can only be punished for a maximum period of three years.
- According to the petition, there were “clear and unchallenged decisions” of the Juvenile Justice Council which declared the 13 prisoners to be minors at the time of the commission of their crime.
Facebook is expected to appear in front of Delhi House Panel: SC
Daily NEWS Summary | 08-07-2021; The Supreme Court said Thursday that Facebook is expected to appear before the Delhi Legislative Assembly’s Peace and Harmony Committee to investigate the circumstances that led to the communal riots of February 2020.
- Investigating a socially complicated issue was the domain of the legislature, he noted. Kaul, however, said the committee cannot behave like a prosecution trying to investigate whether Facebook is innocent or guilty of something.
- The court said the committee cannot delve into the prohibited areas of public order and criminal prosecution. These were the domains of the Center.
- In addition, the courts were already in possession of the criminal trials of those accused of the riots. The manager representing the social media giant does not need to answer the committee’s questions on these areas.
- The court criticized the Delhi government for its comments in the press about Facebook in relation to the unrest. The sentence was reserved last February.
- The case concerns a petition filed by Facebook India chief Ajit Mohan against a subpoena issued by the committee. He had defied the subpoena and the threat of the privilege violation panel if he refused to testify about the role social media platforms played in the events that led to the riots.
- Supreme Court ruled that Mohan’s request was “premature.”
- The court agreed with the Delhi Assembly that he was summoned to assist him in dealing with a social problem. He had not been subjected to any coercive action. The court also recognized the polarizing effect of social media.
- Mohan had urged the court to recognize his right to silence as a virtue in these “noisy times.”
Twitter appoints a compliance officer in India, but has yet to fill other roles to respond to IT rules
Daily NEWS Summary | 08-07-2021; India’s Twitter Inc unit appointed an interim chief compliance officer and said it will soon appoint two more executives to comply with the country’s new IT rules, the social media giant said in a court document Thursday.
- IT rules are intended to regulate the content of social media companies and make them more accountable for legal requests to quickly remove posts and share information about the authors of posts.
- Center said in a court file earlier this week that Twitter no longer had liability protection against user-generated content in India as the US microblogging giant failed to abide by the new rules.
- The filing came in a case against Twitter by a user who wanted to complain about some supposedly defamatory tweets on the platform, and said the company was not complying with the new IT rules, which took effect at the end of May and also require the appointment of certain new executives.
- Twitter will attempt to fill the position of the nodal contact person on an interim basis within two weeks and appoint an interim complaints manager by July 11, the company said in the June 8 filing.
- It has posted job offers for all three positions and will attempt to make a job offer to the resident Indians, as required by the rules, within 8 weeks, Twitter said.
- The California-based company is setting up a liaison office in India, they added. Twitter did not respond to a request for comment.
- Meanwhile, the new electronics and information technology minister, Ashwini Vaishnaw, said on Thursday that anyone working in India must follow the country’s rules and laws.
- Vaishnaw, who was included in the cabinet on Wednesday, took over his three ministries on Thursday: electronics and IT, communications and railways. He is a former head of the group’s IAS from 1994 and previously held leadership positions at large global companies such as General Electric.
- “The land law is supreme, Twitter must follow the rules,” said the IT minister on his first day in office.
Former Himachal Pradesh Chief Minister Virbhadra Singh passes away
Daily NEWS Summary | 08-07-2021; Former Himachal Pradesh chief minister and congress veteran, Virbhadra Singh, died Thursday in Shimla from a prolonged illness. He was 87 years old.
- The six-time chief minister, who had twice recovered from Covid-19 in the past three months and remained under observation at the Indira Gandhi Medical College (IGMC), received life support after suffering cardiac arrest earlier this week.
- The state government declared three days of mourning from July 8-10 as a show of respect for Singh. He will be cremated in Rampur, his hometown, on July 10.
- Singh was first elected to the State Legislature nine times in October 1983.
- He served as Chief Minister of Himachal Pradesh from April 8, 1983 to March 5, 1990; from December 3, 1993 to March 23, 1998; from March 6, 2003 to December 29, 2007; and from December 25, 2012 to December 26, 2017.
- He was currently a member of the Arki Assembly constituency in the Solan district. Singh was first elected to Lok Sabha in 1962 and in total he has served as a deputy five times.
Spectators will be prohibited from entering the Olympic venues; Tokyo under viral emergency since July 12
Daily NEWS Summary | 08-07-2021; Spectators will be banned from accessing Tokyo Olympic venues due to a viral state of emergency, the Japanese Olympic Minister said on Thursday, meaning the Games will mostly be held behind closed doors.
- Most Olympic competitions will be held in Tokyo, but some events will take place outside the Japanese capital. In other areas, organizers would decide on “concrete measures” for spectators after speaking with each local governor.
- The public have previously been urged to stay away from the marathon, which takes place in the northern region of Hokkaido to beat the heat of the Tokyo summer.
- And much of the torch relay across the country was also carried out behind closed doors due to concerns about the virus.
- The decision by viewers comes after the Japanese government said Thursday that Tokyo would be in a state of viral emergency from July 12 to August 22. increased prevalence of the Delta variant.
Covid Updates: The number of reported coronavirus cases in India was 3,07,33,124 at the time of this report, with a death toll of 4,05,343.