Azim hasham premji, Azim Premji's son

The Supreme Court appreciated Azim Hasham Premji for taking a constructive view of the matter and agreed to forgive the past conduct of a person who through his companies had filed more than 70 litigations against Premji and his associates."We are happy to note that Azim Hasham Premji has taken a constructive view of the matter and agreed to forgive the past conduct of R Subramanian, more so, in view of the financial issues he has faced and to take also a compassionate view of the amounts due from him to the group companies of Premji, " said a bench of justices Sanjay Kishan Kaul and MM Sundresh said.The bench also said, "The present proceedings have shown that there is nothing impossible as long as the parties are willing to see the reality of a given situation. More than 70 litigations, misconceived as they are, initiated by the respondents will be brought to an end on a realization by R Subramanian, who seeks to repent for his past conduct and wants to start a new chapter in his life."On the last date of hearing Senior Advocate Mukul Rohatgi, had agreed to persuade Azim Hasham Premji to take a more compassionate view of the conduct of R Subramanian and to put a closure to all issues, subject to the condition that he and the associates who face a barrage of litigation receive an apology for his past conduct from Subramanian.Subramanian has assured to give the undertaking to withdraw the various proceedings pending before courts, tribunals and statutory authorities against the appellants Premji and their Group.Subramanian has filed an affidavit as per his assurance given on the last date of hearing with annexures of properties, list of companies and details of PILs filed by him pending before the Courts.The Court also allowed Azim Hasham Premji's appeal, and said, "We must record our satisfaction at having facilitated the parties in arriving at the aforesaid arrangement and bringing the present proceedings and a number of other proceedings to an end.""Suffice to say, we find that the initiation of the criminal proceedings as well as the judgment of the High Court are completely unsustainable and accordingly set aside both of them, " the Court said.Premji had approached the Supreme Court last year challenging the Karnataka High Court order. Karnataka HC had rejected their pleas for quashing summons issued against them by the trial court.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Trump Tarrifs

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Azim Hasham PremjiFOLLOW

Azim hasham premji, Latest News

International :Infosys formalizes moonlighting, allows staff to take up work with prior permission, say sources

Bengaluru, Oct 21 Software giant Infosys softening its stand on moonlighting has allowed its staffers to take up ... ...

International :Infosys too cracks whip but mulling policy to allow moonlighting

Bengaluru, Oct 14 Infosys is the latest entry to list of IT firms clamping down on moonlighting employees. ... ...

Technology :Wipro sacks 300 employees for moonlighting with rival firm

Bengaluru, Sep 21 Leading IT company Wipro has terminated 300 employees found to be moonlighting with one of ... ...

Business :Leading philanthropists launch GivingPi to unlock USD 1 Billion by 2030 for an inclusive India

At the current rate of social impact, the United Nation's Sustainable Development Goals (SDGs) will not be achieved until 2094, 64 years after the deadline of 2030. ...

National :SC lauds Azim Premji for forgiving person who filed over 70 cases against him

The Supreme Court appreciated Azim Hasham Premji for taking a constructive view of the matter and agreed to forgive the past conduct of a person who through his companies had filed more than 70 litigations against Premji and his associates. ...