{"id":34606,"date":"2014-08-06T12:24:31","date_gmt":"2014-08-06T06:54:31","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=34606"},"modified":"2014-08-06T12:24:31","modified_gmt":"2014-08-06T06:54:31","slug":"political-party-can-write-assign-loans-sonia-hc","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/political-party-can-write-assign-loans-sonia-hc","title":{"rendered":"Political party can write off or assign loans: Sonia to HC"},"content":{"rendered":"<p><a href=\"https:\/\/www.legalindia.in\/news\/us-court-asks-sonia-gandhi-show-passport\/sonia-gandhi-2\" rel=\"attachment wp-att-32619\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"32619\" data-permalink=\"https:\/\/www.legalindia.com\/news\/us-court-asks-sonia-gandhi-show-passport\/sonia-gandhi-2\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/03\/sonia-gandhi.jpg?fit=290%2C174&amp;ssl=1\" data-orig-size=\"290,174\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"sonia gandhi\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/03\/sonia-gandhi.jpg?fit=150%2C90&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/03\/sonia-gandhi.jpg?fit=290%2C174&amp;ssl=1\" class=\"alignright wp-image-32619 size-full\" src=\"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/03\/sonia-gandhi.jpg?resize=290%2C174&#038;ssl=1\" alt=\"sonia gandhi\" width=\"290\" height=\"174\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/03\/sonia-gandhi.jpg?w=290&amp;ssl=1 290w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/03\/sonia-gandhi.jpg?resize=150%2C90&amp;ssl=1 150w\" sizes=\"auto, (max-width: 290px) 100vw, 290px\" \/><\/a>Congress President Sonia Gandhi on Tuesday opposed in the Delhi High Court the private criminal complaint against her and the summons issued by a trial court in the National Herald case saying a political party is within its right to &#8220;write-off&#8221; or &#8220;assign&#8221; a loan.<\/p>\n<p>&#8220;The issuance of process in this case is shocking and out of order, to say the least, and no illegality can be found either on the facts or on the law,&#8221; former Law Minister and senior advocate Kapil Sibal, appearing for the Congress President, told a bench of Justice V K Vaish.<\/p>\n<p>The trial court had issued summons to various Congress leaders on the complaint of BJP leader Subramanian Swamy who has alleged cheating and misappropriation of funds in acquiring ownership of the now-defunct daily National Herald by Young Indian (YI).<\/p>\n<p>Sonia Gandhi, Congress Vice President Rahul Gandhi, Party Treasurer Moti Lal Vora are among the directors of YI, who have been summoned.<\/p>\n<p>Seeking setting aside of Swamy&#8217;s complaint, Gandhi said the Associated Journals Limited (AJL), which had been publishing newspapers &#8216;National Herald&#8217; in English, &#8220;Navjivan&#8221; in Hindi and &#8220;Quami Awaz&#8221; in Urdu, had taken loans to the tune of Rs 90 crores from the Congress Party.<\/p>\n<p>The loan, given to AJL, was assigned to YI by the Congress party and then a process of conversion of Rs 90 crores loan was taken by AJL which then issued fresh equities in favour of charitable firm YI.<\/p>\n<p>Congress Party for a monetary consideration of Rs 50 lakhs had decided to assign Rs 90 crores loan to YI, she maintained.<\/p>\n<p>(Source: PTI)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Congress President Sonia Gandhi on Tuesday opposed in the Delhi High Court the private criminal complaint against her and the summons issued by a trial court in the National Herald case saying a political party is within its right to &#8220;write-off&#8221; or &#8220;assign&#8221; a loan. &#8220;The issuance of process in this case is shocking and [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[26335,17644,255,29352,47765,29353,1786,47774,47775,23371],"class_list":["post-34606","post","type-post","status-publish","format-standard","hentry","category-top-law-news","tag-bjp-leader-subramanian-swamy","tag-congress-president-sonia-gandhi","tag-delhi-high-court","tag-justice-v-k-vaish","tag-news","tag-political-party-can-write-off-or-assign-loans","tag-sonia-gandhi","tag-todays-news","tag-todays-top-news","tag-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Political party can write off or assign loans: Sonia to HC<\/title>\n<meta name=\"description\" content=\"Political party can write off or assign loans: Sonia to HC\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/news\/political-party-can-write-assign-loans-sonia-hc\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Political party can write off or assign loans: Sonia to HC\" \/>\n<meta property=\"og:description\" content=\"Political party can write off or assign loans: Sonia to HC\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalindia.com\/news\/political-party-can-write-assign-loans-sonia-hc\" \/>\n<meta property=\"og:site_name\" content=\"Legal News India - Supreme Court &amp; 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This essentially means that both the Congress leaders will not have to appear in a Delhi Court tomorrow. Now their appeal will\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"sonia-rahul","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/07\/sonia-rahul.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":34633,"url":"https:\/\/www.legalindia.com\/news\/court-hear-matter-sonia-rahul-aug28","url_meta":{"origin":34606,"position":1},"title":"Court to hear matter against Sonia, Rahul on Aug28","author":"Legal India Admin","date":"August 8, 2014","format":false,"excerpt":"A Delhi court, which had issued summons against Congress President Sonia Gandhi, Rahul Gandhi and others, on Thursday deferred till August 28 hearing in the case filed by BJP leader Subramanian Swamy in the matter pertaining to acquisition of National Herald daily. Metropolitan Magistrate Gomati Manocha postponed the matter after\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"sonia-rahul","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/08\/sonia-rahul-150x83.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":40246,"url":"https:\/\/www.legalindia.com\/news\/cong-could-have-written-off-loan-to-herald-why-assign-it-delhi-hc","url_meta":{"origin":34606,"position":2},"title":"Cong could have written off loan to Herald, why assign it?: Delhi HC","author":"Legal India News","date":"December 4, 2015","format":false,"excerpt":"Reserving its verdict in the pleas against summoning Sonia and Rahul Gandhi, the Delhi High Court today felt that the Congress party could have written off the loan of Rs 90.25 crore owed to it by the publishers of National Herald, instead of assigning it to a charitable company in\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"Cong could have written off loan to Herald, why assign it?: Delhi HC","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/09\/delhi-high-court.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":34501,"url":"https:\/\/www.legalindia.com\/news\/hc-moved-summons-sonia-rahul","url_meta":{"origin":34606,"position":3},"title":"HC moved on summons against Sonia, Rahul","author":"Legal India Admin","date":"July 31, 2014","format":false,"excerpt":"Petitions were today filed in the Delhi High Court seeking quashing of a lower court order summoning Congress President Sonia Gandhi, Rahul Gandhi and four others in a case relating to acquiring ownership of the now-defunct daily National Herald. The lower court order had come on a complaint by BJP\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"sonia-rahul","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/07\/sonia-rahul.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":34942,"url":"https:\/\/www.legalindia.com\/news\/herald-casecourt-hear-matter-sonia-rahul-dec-9","url_meta":{"origin":34606,"position":4},"title":"Herald case:Court to hear matter against Sonia, Rahul on Dec 9","author":"Legal India Admin","date":"August 28, 2014","format":false,"excerpt":"A Delhi court on Thursday fixed December 9 for hearing the complaint case, in which it had issued summons against Congress President Sonia Gandhi, Rahul Gandhi and others, on the issue of acquisition of National Herald daily. Metropolitan Magistrate Gomati Manocha postponed the matter after the counsel appearing for Sonia\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"sonia-rahul","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/07\/sonia-rahul-150x112.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":55507,"url":"https:\/\/www.legalindia.com\/news\/court-issues-summons-to-rahul-gandhi-and-sitaram-yechury-over-comments-after-lankesh-murder","url_meta":{"origin":34606,"position":5},"title":"Court issues summons to Rahul Gandhi and Sitaram Yechury over comments after Lankesh murder","author":"Legal India Admin","date":"February 22, 2019","format":false,"excerpt":"A metropolitan magistrate's court here has issued summons to Congress chief Rahul Gandhi and CPI(M) leader Sitaram Yechury after a defamation complaint was filed by an RSS worker for allegedly linking journalist Gauri Lankesh's murder with \"BJP-RSS ideology\". RSS worker and lawyer Dhrutiman Joshi had filed a private complaint in\u2026","rel":"","context":"In &quot;High Profile Cases&quot;","block_context":{"text":"High Profile Cases","link":"https:\/\/www.legalindia.com\/news\/category\/high-profile-cases"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/02\/lankesh-murder.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-90a","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/34606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=34606"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/34606\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=34606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=34606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=34606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}