The move to tax long-term capital gains will disrupt the transition in the saving habits of Indians. Demonetisation and the progressive lowering of interest rates of traditional instruments such as fixed deposits have led many to invest in shares and bonds.
Making SC roster public is welcome. CJI must take this further — questions related to powers of his office must be addressed
The chief justice must involve senior judges when sensitive cases are to be decided
Sources said some of the judges are holding informal parleys in a bid to resolve the crisis in the wake of the virtual revolt by the four judges against Chief Justice Dipak Misra.
“I met the CJI and handed over a copy of the resolution. He said that he would look into it and ensure there was congeniality in the Supreme Court at the earliest,” said SCBA president Vikas Singh.
Justice Joseph said, “Issue was raised, nation has listened. Such issues won’t happen in future… I think the issue is settled now.”
Ram Madhav’s remarks came a day after four of the seniormost judges of the Supreme Court called an extraordinary press conference in New Delhi to speak out against the Chief Justice of India.
The SCBA also said the differences expressed by the judges at the press conference were of “grave concern” and “should be immediately considered by the Full Court of the Hon’ble Supreme Court”.
The CPI leader went to Justice Chelameswar’s residence and by his own admission and asked the judge “what is happening”. Hours later, the CPI disassociated itself from the visit, saying Raja went there in his personal capacity.
Justice Joseph, who left for Kerala after the press conference, said he was “hopeful” that the customary Monday meeting of the four judges with the CJI would take place as usual.
Saying he was “pained” by the developments, former Chief Justice R M Lodha questioned how such an issue could have remained pending for two months.
CJI Misra was addressing a conference organised by the Mumbai Centre for International Arbitration on the ‘Changing Landscape of Arbitration in India’.
Justice Misra headed the bench that dismissed Mumbai serial blasts convict Yakub Memon’s plea seeking a stay on his execution, as well as upholding the death sentence given to Nirbhaya’s killers.
PM Modi said embracing technology can’t happen if only a few people are keen on it. The scale has to be larger.
“As literacy is increasing, and prosperity increases, the capacity of the people to go to courts increases,” said Thakur.