SUPREME COURT

Any ruling party at Centre can appoint a 'yes man' as CEC, says Supreme Court (NOV 23, 2022)

The court has flagged Article 324 of the Constitution, which talks about the appointment of election commissioners, and said it does not provide the procedure for such appointments. It said that the mechanism adopted for appointment of Chief Election Commissioner (CEC) is seniority among the election commissioners, who are appointed by convention from secretary or chief secretary level officers of the Centre and state level, respectively.

The court has pointed out that since 2004, no chief election commissioner has completed the six-year tenure and during the 10-year rule of the UPA government, there were six CECs and in the eight years of the NDA government, there have been eight CECs.

NEWS REPORT : Any ruling party at Centre can appoint a 'yes man' as CEC, says Supreme Court (deccanchronicle.com)

DELHI HIGH COURT

Delhi High Court seeks ED's stand on Preeti Chandra's bail plea in money-laundering case (NOV 23, 2022)

The agency had filed a criminal case under various sections of the Prevention of Money Laundering Act (PMLA) in 2021 against the Unitech Group and its promoters over allegations that the owners -- Sanjay and Ajay Chandra -- illegally diverted more than Rs 2,000 crore to Cyprus and the Cayman Islands.

The allegation against Preeti Chandra is that she received proceeds of crime amounting to Rs 107 crore in her company Prakausli Investments Private Limited but did not disclose the ultimate usage of the amount.

NEWS REPORT : Delhi High Court seeks ED's stand on Preeti Chandra's bail plea in money-laundering case - The Economic Times (indiatimes.com)

BUSINESS NEWS

Air India mandates UK-based firm to sell its four Boeing 747-400 jumbo aircraft (NOV 23, 2022)

Tata Group-owned Air India has mandated UK-based remarketing firm Skytech-AIC for the sale of its four Boeing 747-400 jumbo planes.These aircraft were deregistered by the Directorate General of Civil Aviation earlier this year.

Over the decades, the airline has been phasing out such planes and replacing them with Boeing 777s and Boeing 787s, which are considered more fuel-efficien.

NEWS REPORT : Air India mandates UK-based firm to sell its four Boeing 747-400 jumbo aircraft (msn.com)

NEWS AT GLANCE

  • 400th birth anniversary celebrations of Assam's legendary war hero Lachit Barphukan begin.  
  • UNICEF and India join hands to promote films on child rights at IFFI in Goa.  
  • Former US President Donald Trump loses a legal bid to prevent release of his tax returns to a Congressional committee.
  • Fourth edition of Indo-Pacific Regional Dialogue to start in New Delhi.  
  • Australian Parliament approves India-Australia Trade deal; Prime Minister Narendra Modi says it will strengthen the comprehensive strategic partnership.

WORD OF THE DAY

The doctrine of privity of contract is a common law principle which provides that a contract cannot confer rights or impose obligations upon any person who is not a party to the contract. The premise is that only parties to contracts should be able to sue to enforce their rights or claim damages as such.

MARKET TODAY (as on 23.11.2022)

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1 US Dollar = 81.77 Indian Rupee (Last updated · 23 November at 1:13 pm UTC)

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