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On eve of Jawaharlal Nehru’s birth anniversary, launch of National Herald’s online format announced

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Congress mouthpiece National Herald may soon be launched in an online format, its newly appointed Editor-in-Chief Neelabh Mishra said on the eve of the birth anniversary of the newspaper founder Jawaharlal Nehru. Though Mishra did not give any specific date or timing for the launch, he said that finishing touches were being given to the party journal.The Associated Journals Ltd had in August announced that National Herald, which became defunct in 2008, would resume publication. “The Associated Journals Ltd, a company founded in 1937 by Pandit Jawaharalal Nehru, has taken steps to resume publication of its English and Hindi newspapers National Herald and Navjivan,” Congress Treasurer Motilal Vora, who is also managing director of AJL Limited, had said.The party had said that the spirit of the forthcoming publications of The Association Journals Limited, a not for profit company, is captured by the tagline “Freedom is in peril, defend it with your might”.Vora said the publications shall seek to give voice to the vision of Nehru and shall seek to occupy a liberal, progressive, secular space. “They shall strive to represent the under-represented and all those deprived of voice, thereby promoting the ideals of a plural, democratic party,” he said.The decision to relaunch the publication had come in the midst of a legal battle over its past, which has ensnared Congress president Sonia Gandhi and her son Rahul. The issue is at present pending in court. BJP leader Subramanian Swamy, who has filed a private complaint in a local court, has accused top Congress leaders of misappropriation, a charge vehemently denied by the party.He had also written to Urban development Ministry demanding cancellation of land allotment and confiscation of properties to AJL for alleged violation of allotment conditions. Both Sonia Gandhi and and Rahul Gandhi along with five others were granted bail on December 19, 2015 after they appeared in response to the summons.

Vengeance, replacement prime motive of Khattar govt: Bhupinder Singh Hooda

Former Haryana chief minister Bhupinder Singh Hooda, who has been booked by the state’s Vigilance Department for his alleged involvement in the National Herald case, on Sunday alleged that the Manohar Lal Khattar-led government, which has become the Centre’s cooperative party, has been indulging in vengeance and replacement ever since it came to power.”This is what this government does. They have not done anything for the people of this state,” Hooda said. “They are just doing two things ‘badla’ (vengeance) and ‘badli’ (replacement),” he added. <!– /11440465/Dna_Article_Middle_300x250_BTF –>Khattar earlier in the day ruled out political vendetta behind the move to book Hooda and said that action will be taken against all wrongdoers. “The Vigilance Department is performing its duty. We do not interfere in the working of the departments. Every department has got the freedom to perform its duties. They found that there is something wrong (against Hooda) and, therefore, they have registered an FIR. Action will be taken against anyone, who has done wrong,” Khattar said. Hooda, who as the chief minister was the ex-officio chairman of the Haryana Urban Development Authority (HUDA), has been accused of illegally transferring land to Associated Journals Ltd., which published the newspaper at Panchkula in 2005.The Congress leader has been charged with cheating and breach of trust under the Indian Penal Code and also criminal misconduct under the Prevention of Corruption Act. Bharatiya Janata Party (BJP) leader Subramanian Swamy had earlier accused Congress president Sonia Gandhi and party vice-president Rahul Gandhi of conspiring to cheat and misappropriate funds by paying just Rs. 50 lakh by which Young Indian (YI) obtained the rights to recover Rs. 90.25 crore which the Associated Journals Ltd. had owed to the Congress Party.Swamy had alleged that over Rs. 2,000 crore worth of assets also got transferred to YI, whose 76 percent of shareholding is with the Gandhis while the remaining 24 percent shareholding is with the other accused.

Swamy v/s the Gandhis: Patiala House Court to resume hearing in National Herald case

A Delhi Court will on Monday resume the hearing in the National Herald Case. ‘Today I am Patiala House Magistrate’s Court on the NH case. It will be about documents. After Holi pre-charge arguments will begin,’ Bharatiya Janata Party (BJP) leader Subramanian Swamy tweeted. A Delhi Court had earlier on March 11 given its nod to Swamy’s plea, seeking the balance sheets of Indian National Congress (INC) and Associated Journals Pvt. Ltd (AJL) for the purpose of investigation in the case.<!– /11440465/Dna_Article_Middle_300x250_BTF –>Swamy had before approached the Patiala House Court seeking summoning of certain documents related to the financial details of Congress, AJL and Young Indian Pvt. Ltd.The case relates to the Indian National Congress granting an interest-free loan of Rs. 90.25 crore (USD 13 million) to Associated Journals Limited (AJL), owner of the National Herald newspaper which was established by Jawaharlal Nehru in 1938.

Tussle between Subramanian Swamy, Kapil Sibal over National Herald hearing in SC

Congress lawyer Kapil Sibal on Thursday urged the Supreme Court to hear the National Herald case on its scheduled date of February 12 despite Bharatiya Janata Party (BJP) leader Subramanian Swamy telling the court that he is unavailable for proceedings till February 19.The Congress is seeking a stay on the proceedings at a trial court.Earlier, Swamy had given consent for February 12 for hearing at the apex court. The Supreme Court will now decide on listing the matter.<!– /11440465/Dna_Article_Middle_300x250_BTF –>Congress president Sonia Gandhi and party vice-president Rahul Gandhi had earlier moved the Supreme Court against a Delhi High Court decision that dismissed their appeals seeking a quashing of summons issued to them by a trial court in connection with the National Herald case.Swamy had alleged that both had cheated and created a breach of trust in the acquisition of the now-defunct National Herald by Young Indian Limited (YIL).On June 26, last year, the trial court issued summons to them on Swamy’s allegations of ‘cheating’ in the acquisition of Associated Journals Ltd (AJL) by Young India Ltd (YIL) — a firm in which Sonia and Rahul Gandhi own 38 per cent stakes each.The Delhi High Court had in December 2015 rejected their plea and directed them to appear before the trial court.The case relates to the Indian National Congress granting an interest-free loan of Rs. 90.25 crore (US $13 million) to Associated Journals Limited (AJL), owner of the National Herald newspaper which was established by Jawaharlal Nehru in 1938.It was alleged that the loan was either not repaid or repaid in cash, which is in violation of Section 269T of the Income Tax Act, 1961.A closely held company, Young Indian, was incorporated in November 2010 with a capital of Rs.5 lakh (USD 7,400) and it acquired almost all the shareholding of AJL and all its properties (alleged to be worth Rs.5000 crores (USD 740 million).Swamy filed the case alleging criminal misappropriation by both Sonia Gandhi and Rahul Gandhi. The courts have determined that a prima facie case has been established in the matter.

Sonia, Rahul Gandhi move Supreme Court in National Herald case

Congress president Sonia Gandhi, her son and party vice-president Rahul and three others, facing criminal charges in the National Herald case, on Thursday moved the Supreme Court challenging the Delhi High Court order refusing to quash the summons issued to them.In her plea, Sonia denied the allegations of cheating and criminal breach of trust, and claimed that she neither appropriated nor converted any property for her own use or benefit. Sonia said she was only the shareholder of the property belonged to Associated Journals Limited (AJL) and a shareholder cannot be treated as owner.<!– /11440465/Dna_Article_Middle_300x250_BTF –>The high court had on December 7, 2015 not only refused to quash the summons issued to the Congress leaders, but had also made scathing observations. It had observed that the gravity of the allegations had a “fraudulent flavour” involving a national political party, and such serious imputations, smacking of criminality, levelled against the petitioners needed to be properly looked into.Sonia claimed that Congress party had given loan to the Associated Journals Limited (AJL) and there is no legal prohibition for the political party from giving any loan. “Giving of loans to AJL by the Congress party is an action which is in consonance with the objectives of the party…There is no restriction in constitution of the party for giving such loans,” her plea said.The high court order is “bad and liable to be set-aside” on the ground that the court had based the findings on “irrelevant considerations, unwanted assumptions and vague general notions of unethical nature, and unstated and unproved facts,” it said adding that “the criminal breach of trust can only occur when there is entrustment of property and when the person who has entrusted the property continues to have control over such property.”Sonia contended that high court “conducted a roving enquiry into allegations of a general nature without examining the questions as to what offences are alleged to be prima facie made out”.Questioning the locus standi of the complainant and BJP leader Subramanian Swamy, she said the complaint in the case was filed with the objective of defaming her. She saying she has deep roots in the society and had been at the helm of national politics for years and if the complaint and summons were not quashed, it would cause irreparable damage to her reputation.On June 26, last year, the trial court had issued summons to the Congress leaders on Swamy’s allegations of “cheating” in the acquisition of Associated Journals Ltd. (AJL) by Young India Ltd. (YIL) – a firm in which Sonia and Rahul Gandhi own 38% each stake.Swamy had claimed that the Gandhis, as majority shareholders of YIL, benefited from the acquisition of AJL. He also alleged that AJL had received an interest-free loan of Rs 90.25 crore from the Congress and that the party transferred the debt to YIL for Rs 50 lakh. At the time, AJL, which had Motilal Vohra was its chairman, claimed that it could not repay the loan and agreed to transfer the company and its assets to YIL.After the Delhi High Court had rejected their plea, on December 19 last year, Gandhis and other Congress leaders, as accused, had appeared before the trial court. Again, they have to appear on February 20 before the trial court.Besides, Sonia and Rahul, the others facing the charges are Motilal Vohra, Oscar Fernandez, journalist Suman Dubey, Sam Pitroda and the Young Indian Ltd.

Sonia Gandhi, Rahul move Supreme Court in National Herald case

Congress president Sonia Gandhi and party vice-president Rahul Gandhi moved the Supreme Court on Thursday against a Delhi High Court decision that dismissed their appeals seeking a quashing of summons issued to them by a trial court in connection with the National Herald case.The summons was issued on a complaint by Bharatiya Janata Party (BJP) leader Subramanian Swamy, who alleged that both had cheated and created a breach of trust in the acquisition of the now-defunct National Herald by Young Indian Limited (YIL).<!– /11440465/Dna_Article_Middle_300x250_BTF –>On June 26, last year, the trial court issued summons to them on Swamy’s allegations of ‘cheating’ in the acquisition of Associated Journals Ltd (AJL) by Young India Ltd (YIL) — a firm in which Sonia and Rahul Gandhi own 38% stakes each.The Delhi High Court had in December 2015 rejected their plea and directed them to appear before the trial court.The case relates to the Indian National Congress granting an interest-free loan of Rs. 90.25 crore (USD 13 million) to Associated Journals Limited (AJL), owner of the National Herald newspaper which was established by Jawaharlal Nehru in 1938.It was alleged that the loan was either not repaid or repaid in cash, which is in violation of Section 269T of the Income Tax Act, 1961.A closely held company, Young Indian, was incorporated in November 2010 with a capital of Rs.5 lakh (USD 7,400) and it acquired almost all the shareholding of AJL and all its properties (alleged to be worth Rs.5000 crores (USD 740 million).Swamy filed the case alleging criminal misappropriation by both Sonia Gandhi and Rahul Gandhi. The courts have determined that a prima facie case has been established in the matter.