Thursday, March 28, 2024
ADVT 
National

SC asks Samsung chairman to appear before Ghaziabad court

Darpan News Desk, IANS, 02 Apr, 2014 11:37 AM
    The Supreme Court has asked Lee Kun-Hee, chairman of South Korean electronics giant Samsung, to appear before a Ghaziabad trial court within six weeks in connection with a $1.4 million alleged cheating case.
     
    The apex court also dismissed his plea challenging the Allahabad High Court order declaring him "fugitive" and "absconder".
     
    An Indian company, JCE Consultancy, has alleged cheating by Lee Kun-Hee for failure to honour contractual obligations.
     
    Asking Lee Kun-Hee to appear before the Ghaziabad court within six weeks, the apex court bench of Justice Chandramauli Kumar Prasad and Justice Pinaki Chandra Ghose stayed the arrest warrant against the Samsung Electronics chairman.
     
    The bench said the warrant of arrest issued against Lee Kun-Hee "shall not be executed for a period of six weeks" from March 31.
     
    The court said in its order that the petitioner (Lee Kun-Hee) "shall appear before the trial court and seek bail and/or exemption from appearance in accordance with law".
     
    The court in its order passed March 31, and made available Wednesday said: "We make it clear that we have not expressed any opinion in regard to the merit of the case."
     
    The high court had declared Lee Kun-Hee a "fugitive" and an "absconder" after it was moved following the issuance of non-bailable warrants by the Ghaziabad trial court after he failed to appear before it after being repeatedly issued summons.
     
    While declining Lee Kun-Hee's plea, the high court had noted that his prosecution has already been up held by the top court.
     
    JCE Consultancy filed the civil suit alleging breach of contract in 2001 alleging default in the payment by Samsung Electronics.
     
    The case concerns a coke calcination plant which Samsung had ordered from JCE Consultancy in 2001. The Indian company had alleged that it did not get any money even though it had complied with its contractual obligations.
     
    The South Korean electronics major had contended that it had already complied with its contractual obligations by furnishing bank guarantee through an intermediary for the entire amount.

    MORE National ARTICLES

    Four Arrested After Five People Shot In Toronto: Police

    Four Arrested After Five People Shot In Toronto: Police
    TORONTO — Four people have been arrested in a shooting in northwest Toronto that sent five people to hospital, one with life-threatening injuries, police said Thursday.

    Four Arrested After Five People Shot In Toronto: Police

    Indian-Canadian's courthouse killing being probed

    Indian-Canadian's courthouse killing being probed
    Police are investigating the case of an Indian-Canadian man, who was killed in a shootout with police in the Canadian province of Ontario.

    Indian-Canadian's courthouse killing being probed

    First time filing taxes? Get it right from the start

    First time filing taxes? Get it right from the start
    The CRA has broken down the steps for such individuals so they can fulfill their tax obligations in a hassle free manner. 

    First time filing taxes? Get it right from the start

    Canada's oldest Chinese printing shop shuts down

    Canada's oldest Chinese printing shop shuts down
    The owner of the shop in Vancouver's Chinatown, 81-year-old Hilda Lam, said she closed the business because there was not enough market for the high-end printing the company specialised in, Xinhua reported 

    Canada's oldest Chinese printing shop shuts down

    Jaswant Singh expelled from BJP

    Jaswant Singh expelled from BJP
    Veteran leader Jaswant Singh was Saturday expelled from the BJP after he refused to withdraw his nomination as an independent from Rajasthan's Barmer parliamentary constituency, party sources said Saturday.

    Jaswant Singh expelled from BJP

    Congress candidate Imran Masood arrested for threatening Modi

    Congress candidate Imran Masood arrested for threatening Modi
    Imran Masood, Congress candidate from Uttar Pradesh's Saharanpur constituency, was arrested early Saturday for his hate speech against BJP's prime ministerial candidate Narendra Modi, police said.

    Congress candidate Imran Masood arrested for threatening Modi

    PrevNext