May a good source be with you.

Supreme Court Adjourns The Wire-Jay Shah Case To July

The court on Wednesday asked if any settlement could be explored between the parties.

The Supreme Court on Wednesday adjourned The Wire defamation case matter to the first week of July, continuing the restraint on criminal defamation proceedings initiated by Jay Amit Shah against the news website.

Jay Shah, BJP President Amit Shah’s son had filed a Rs 100-crore lawsuit in December last year against The Wire for a piece alleging impropriety by his company and said the astronomical increase in his companies revenues are due to his allegiance with BJP’s Narendra Modi. Jay Shah’s Temple Enterprise Pvt Ltd had grown from Rs 50,000 in 2014-15 to Rs 80.5 crore in 2015-16, the report said. BJP had cleared air about this, and Shah denied the allegations, Scroll reported.

The court on Wednesday asked if any settlement could be explored between the parties. The Wire’s Counsel Nitya Ramakrishnan said that the article was a factual report published in discharge of public duty to inform the citizenry and thus it was not clear what the settlement could be in the circumstances.

The Wire had published an article, ‘The Golden Touch of Jay Amit Shah’ written by Rohini Singh on October 8 last year where the revenue of Shah’s Temple Enterprise company— engaged in wholesale trade, primarily of agricultural products like desi chana and coriander seeds— spiked the same year it was given an unsecured loan by Financial Service company owned by Rajesh Khandwala. Khandwala was noted to be an in-law of Parimal Nathwani, a Rajya Sabha member in the report.

The Wire reported, KIFS Financial Services, Khandwala’s firm transferred Rs 15.78 crore as unsecured loan in spite of the Temple Enterprises having a revenue of Rs 7 crore that year. However, KIFS’ annual report did not show this transfer. The report also mentioned that a number of companies associated with Jay Shah had also received unsecured loans.

In December, the Ahmedabad court restricted the portal or parties involved from indirectly or directly using the words “since Narendra Modi became Prime Minister/following the election of Narendra Modi as Prime Minister” on the basis of that article, The Hindu reported.

Support NewsCentral24x7 and help it hold the people in power accountable.
अब आप न्यूज़ सेंट्रल 24x7 को हिंदी में पढ़ सकते हैं।यहाँ क्लिक करें
+