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Ayodhya Babri Case hearing likely to conclude by October 18

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New Delhi: The Supreme Court on Wednesday set a deadline for all parties to complete their final arguments in the Ayodhya land dispute case. The court has asked all stakeholders to finish the arguments by October 18.

The Supreme Court has finally set a deadline to the long-fought case, after starting daily hearings on August 6. Agreeing to the Supreme Court’s demands, parties have submitted their tentative schedules before the bench, according to sources. Sources further report that the Supreme Court has further allowed the mediation process requested by the parties to proceed parallel to the SC’s daily hearing of the appeals. The Ayodhya verdict is also expected prior to Nov 17, 2019 as the CJI ranjan Gogoi is set to retire on the same date.

CJI Gogoi also said that the court may extend the hearing by one hour and also sit on Saturdays to try and finish the hearings.The top court also said that if parties to the Ram-Janmabhoomi Babri Masjid land dispute case want to amicably resolve the matter through mediation, they can still go ahead with it.

A five-judge Constitution bench headed by Chief Justice Ranjan Gogoi said it has received a letter from former Supreme Court judge F M I Kalifulla, who was heading the three-member mediation panel, saying some parties have written to him for the resumption of the mediation process.

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Hyderabad based GVK Group reportedly under government scanner

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Mumbai: The GVK Group, which is in locked in a legal battle with the Adani Group on stake sale in its flagship Mumbai International Airport (MIAL), on Tuesday said it has received a notice from the corporate affairs ministry (MCA), seeking some details about the airport operator.

This comes at a time when the Hyderabad-based diversified GVK Power & Infrastructure Limited, which owns 50.5 percent stake in the MIAL, is in the process of hiking its stake in the airport arm by acquiring 23.5 per cent additional stake from Bidvest and ACSA.

The MCA notice, according to sources, is based on a whistleblower complaint to MCA with regard to alleged ‘diversion of funds’ from some of the GVK Group companies.

MCA has initiated an inspection of the books of 11 entities, which include GVK Power & Infrastructure, Mumbai International Airport, GVK Jaipur Expressway Pvt and GVK Power. It has also ordered an inspection of the books of Navi Mumbai International Airport Pvt – the under construction airport at Navi Mumbai.

These companies are located in different jurisdictions — Hyderabad, Bengaluru, Rajasthan and Mumbai — of the Registrar of Companies and MCA has sent a physical inspection letter to each of these companies, sources said.

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