Foreign funding: Delhi HC reserves judgmenthttps://indianexpress.com/article/india/politics/foreign-funding-delhi-hc-reserves-judgment/

Foreign funding: Delhi HC reserves judgment

PIL, filed by Association for Democratic Reforms, claimed that parties received funds from subsidiaries of London-based Vedanta Resources PLC in violation of the Foreign Contribution Regulation Act.

The Delhi High Court Friday reserved its judgment on a plea seeking action against the Congress and the BJP for allegedly receiving donations from foreign firms and government companies. 

The PIL, filed by the Association for Democratic Reforms (ADR), had claimed that the parties received funds from subsidiaries of London-based Vedanta Resources PLC in violation of the Foreign Contribution Regulation Act.

The Home Ministry, in its reply, argued it had issued notices to the companies on their legal status and, according to their responses, Sesa Goa, Sterlite, and Vedanta Alumina Madras were all incorporated in India. They argued that since the majority share of Vedanta PLC was owned by an Indian, the companies would not be counted as “foreign.”

The court of Justice Pradeep Nandrajog and Justice Jayant Nath Friday reserved judgment on the interpretation of the legal provisions under which a company can be termed ‘foreign’ or ‘Indian’ and on the plea for a court monitored probe into the donations.

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ADR counsel Prashant Bhushan argued that the parties had, in their accounts submitted to the Election Commission, indicated that they had received funds from certain government departments, which was in violation of the Companies Act. But Additional Solicitor General L Nageswara Rao, appearing for the Centre, said the donations came from companies listed in India.

TMC allies with Peace Party in UP

New Delhi: Inching closer to building a national base for itself among Muslims, the Trinamool Congress Friday announced an alliance with the Peace Party in UP. Party general secretary Mukul Roy also ruled out any alliance with the Congress or the BJP.

“Trinamool will fight elections in alliance with Peace Party. After Anna’s support, we are attracting a lot of allies but we will neither go with Congress nor with communal BJP,” Roy said. ENS