chennai l thursday l october 24, 2024 l `9.00 l PAGES 20 l late city EDITION BYJu’s in trouble as sc junks nclat order on insolvency proceedings The Supreme Court also annulled the National Company Law Appellate Tribunal’s approval of Byju’s `158.9 crore dues settlement with the BCCI bcci asked to deposit settlement amount tRIBUNAL DID NOT FOLLOW DUE PROCEDURE A bench comprising Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra directed the cricket board to deposit the settlement amount of `158.9 crore with the committee of creditors. Now, Byju Raveendran and his brother Riju Raveendran stand to lose control over Think and Learn Pvt Ltd or Byju’s—a company engaged in providing online educational services ■ ■ ■ The SC held that the NCLAT violated the Insolvency and Bankruptcy Code procedures and cleared the settlement in a wrongful manner The SC said insolvency withdrawal plea can only be submitted through the Interim Resolution Professional and not by the parties themselves The SC order came in an appeal filed by US creditor firm Glas Trust | P14 Glas Trust Represents u.s. lenders from whom Byju’s had borrowed $1.2 billion CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOgGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI Modi, Xi lay normalisation BRICS ED raids ex-minister Special Representatives to oversee management of peace and tranquility along the LAC Y esh i S e l i @ New Delhi Taking off from the recent agreement on patrolling and disengagement along the Line of Actual Control (LAC) in eastern Ladakh, Prime Minister Narendra Modi and Chinese President Xi Jinping on Wednesday initiated steps to normalise bilateral relations by issuing directions to revive various dialogue mechanisms. The talks happened on the sidelines of the BRICS Summit in Kazan for about 50 minutes, almost five years after a bloody faceoff at Galwan in eastern Ladakh in 2020. “India-China relations are important for the people of our countries, and for regional and global peace and stability Mu. Facilitate mutual aspirations: Xi Both sides must facilitate each other’s development aspirations, Xi said. They must strengthen communication and properly manage differences and disagreements, he added tual trust, mutual respect and mutual sensitivity will guide bilateral relations,” said Modi. Welcoming the agreement for complete disengagement and resolution of issues that arose in 2020 along the LAC, Modi underscored the importance of properly handling differences and disputes and not allowing them to disturb peace and tranquility . “The two leaders agreed that the Special Representatives on the India-China boundary question will meet at an early date to oversee the management of peace and tranquility in border areas and to explore a fair, reasonable and mutually acceptable solution to the boundary question. The relevant dialogue mechanisms at the level of Foreign Ministers and other officials will also be utilised to stabilise and rebuild bilateral relations,” according to the foreign office. The two leaders affirmed that stable, predictable, and amicable bilateral relations between India and China, as two neighbours and the two largest nations on earth, will have a positive impact on regional and global peace and prosperity . ‘EPS frustrated’ Priyanka Gandhi and Rahul Gandhi during the roadshow in Wayanad on Wednesday | E Gokul Priyanka files papers for poll debut from Wayanad EXPRESS NEWS SERVICE @ Kalpetta AICC general secretary Priya n k a G a n d h i Va d r a o n Wednesday filed the nomination for her maiden electoral battle from Wayanad, Kerala. Her mother Sonia Gandhi, brother Rahul Gandhi, and Congress chief Mallikarjun Kharge accompanied her to the collectorate. The bypoll in Wayanad, scheduled on November 13, was necessitated after Rahul Gandhi vacated the seat to retain Rae Bareli. Before filing the papers on Wednesday, Priyanka held a massive roadshow. Addressing a huge gathering of supporters, she said she has 35 years of experience in the po- litical arena, though she is fighting election for the first time. “I campaigned for my father when I was 17 years old in the 1989 elections. I had campaigned for many leaders including my mother and brother. This is for the first time I am asking to vote for myself,” she said. Priyanka will take on CPI veteran Sathyan Mokeri and BJP’s Navya Haridas. In his address, Rahul Gandhi said there will be two representatives for Wayanad in the Lok Sabha if Priyanka is elected. “I will be the unofficial representative and Priyanka the official face,” he said. Rahul represented Wayanad from 2019 to 2024. Assets worth `12 crore In the elction affidavit, Priyanka Gandhi Vadra declared assets worth `11.9 cr, including her `5.63 cr house in Shimla. Her husband Robert Vadra’s assets worth `65.5 cr were also mentioned ex p ress re a d States have right to tax industrial alcohol: SC DIG, 2 more officers suspended in Vellore prisoner torture case New Delhi: State governments will have the regulatory power over the production, manufacture and supply of industrial alcohol, the Supreme Court held on Wednesday as it rejected the Central government’s stand that regulating industrial alcohol was under its exclusive domain Vellore: Three prison officials, including DIG of Prisons, Vellore, R Rajalakshmi, being probed in the alleged harassment and torture of a prisoner in Vellore jail, have been suspended. The order to suspend the DIG, former additional superintendent A Abdul Rahman and jailer Arul Kumar was issued late Tuesday | P7 Enhancing efficiency PMO on the learning curve to harness AI RAJESH KUMAR THAKUR @ New Delhi AI for notes and efficiency! That is prime goal as the government strives to use Artificial Intelligence (AI) in a big way in its functioning. Officials from various wings of the Prime Minister’s Office (PMO) on Tuesday participated in a dedicated session on AI so as to enhance productivity, speed up the decision-making process, and perk up public delivery systems. The session sought to ad- Prime Minister Narendra Modi shakes hands with Chinese President Xi Jinping before bilateral talks at Kazan The US said it would not be fully satisfied until there is “meaningful accountability” resulting from India’s investigations into the alleged foiled plot to assassinate Sikh separatist Gurpatwant Singh Pannun on American soil @ Chennai aiadmk is not dreaming about alliances: eps | P4 @ Chennai/Thanjavur from probe on murder plot E xpress N ews S erv i ce Chief Minister M K Stalin on Wednesday reiterated that the DMK alliance is based on ideology and there may be “debates and discussion among the members of the bloc but not rift”. Speaking at a DMK functionary family’s wedding, Stalin said the DMK-led alliance was not formed to achieve political power but it is based on ideological cohesion and commitment to the welfare of the people of the state. Taking a swipe at AIADMK leader Edappadi K Palaniswami, who had predicted that the DMK alliance would break, the CM said the opposition leader who has been sidelined by the people has been alleging that the DMK regime’s influence is on the wane. “Since Palaniswami is jealous about the DMK government’s achievements and its rising popularity he is making , such accusations. He is also claiming that the DMK alliance will break soon. I so far thought that he was dreaming, but now he has become an astrologer,” the DMK president said, adding that the AIADMK chief has been extremely frustrated. Stalin said the former CM, who does not have the ability to develop his own party is making , predictions about the ruling party . Continued on p7 EXPRESS NEWS SERVICE Pannun case u.s. seeks accountability There may be debate within DMK alliance, not rift: Stalin dress the use of AI in official work, such as file management and note-taking, since the cutting-edge tech can scale up productivity . In line with Prime Minister Narendra Modi’s emphasis on the use of tech for efficiency Un, ion Minister of State at the PMO, Jitendra Singh, advised the officers to optimise AI deployment in operations. Singh said AI could play a role in transforming governance, streamlining operations, and improving decision-mak- ing across various verticles. The session was attended by officials at all levels — from section officers to the principal secretary to the Prime Minister. The attendees included P K Mishra, Principal Secretary to the PM, as well as Amit Khare and Tarun Kapoor, advisors to the PM. The session was part of Mission Karmayogi, a capacity-building initiative to empower government staff. A demonstration on breaking ‘hierarchical barriers’ within the PMO, showed how officials could learn advanced concepts. Note of caution “AI holds immense potential for enhancing productivity, but it must be used with caution to ensure confidentiality and data security,” Jitendra Singh told PMO officers in laundering probe linked to bribery case The Enforcement Directorate on Wednesday searched several locations linked to former AIADMK minister and sitting MLA from Orathanadu, R Vaithilingam, in a money laundering probe. Apart from at least six locations in Chennai and three in Thanjavur, the agency also searched the premises of a private firm in Bengaluru and collected documents from the CMDA office in Egmore, sources said. ED has launched the probe based on two corruption cases filed by the Tamil Nadu government’s anti-corruption agency , DVAC, last month. DVAC had alleged that private firm Shriram Properties had routed `27.9 crore in bribe to a shell company run by Vaithilingam’s sons for planning permission given to the firm for construction of 1,453 residential and IT buildings on a 57.94 acre plot in Chennai. Vaithilingam was TN housing minister from 2011-2016 in the AIADMK regime. Vaithilingam, a supporter of former CM O Panneerselvam, Supporters of R Vaithilingam in front of his house at Telungankudi | Express I-T search at institutes linked to AIADMK secy Tiruchy: Income tax officials conducted searches at MIT Institution, an educational group, in Tiruchy. R Elangovan, AIADMK Salem Rural district secretary and supporter of EPS, is said to be one of the founders of the group | P4 was expelled from the AIADMK in 2022. Places linked to Shriram Group were also searched on Wednesday. The DVAC had alleged that Vaithilingam had amassed assets 1,058% disproportionate to his known sources of income. P7
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