Tuesday, April 23, 2024
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NSE Scam: Chitra Ramkrishna moves Delhi High Court challenging definitions of public duty, public servants under PC Act

Meanwhile, advocate Anupam S Sharma appeared for the CBI and said that all the issues raised by the petitioner (Ramkrishna) have already been settled by the Supreme Court, which has said that even a “sprinkle of aid” from the government is enough to categorise employees of an organisation as public servants.  

Sharma also referred to Adani’s case and stated that the petitioner’s acts were connected to the economy of the country.

“We saw what happened in the Adani case. When his shares went down, India’s economy came down and as it started going up, the economy is going up again,” he submitted.

Justice Kait responded by remarking that it is Adani’s company’s shares and that if they went up, he (Adani) would pay more taxes or if they come down, he would have to pay less tax.

Source: Barandbench

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