National Herald: Change In Share Holding Does Not Lead To Change In Ownership, AJL tells HC
Live LawAssociated Journals Ltd, the publisher of National Herald, told the Delhi High Court on Monday that transfer of its majority shares to Young India, in which Congress chief Rahul Gandhi and his mother Sonia Gandhi are shareholders, would not make them the owners of its premises here which it has been asked to vacate. AJL, which has challenged a single judge order directing it to vacate the premises in the national capital, told a bench of Chief Justice Rajendra Menon and Justice V K Rao that even a 100 percent shareholder of a company would not become the owner of its assets. The bench was hearing arguments on AJL's appeal against a single judge's December 21, 2018 decision which had dismissed its plea challenging the Centre's order to vacate its premises. The single judge had said that by transfer of AJL's 99 per cent shares to YI, the beneficial interest of AJL's property worth Rs 413.40 crore stands "clandestinely" transferred to YI.
History of this topic
National Herald Case: ED Resumes Searches at Young Indian Office After Senior Cong Leader Kharge Arrives
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Conundrum involving National Herald, its real estate and Congress | EXPLAINED
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After first FIR in National Herald land deal in Panchkula in 2016, ED set to take possession of AJL land worth Rs 64 cr
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Supreme Court stays HC order of Herald House eviction, issues notice to centre
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Firstpost![Delhi HC Upholds Eviction Order Against National Herald Publisher AJL [Read Judgment]](https://www.livelaw.in/h-upload/2019/02/28/358695-herald-house.jpg)
Delhi HC Upholds Eviction Order Against National Herald Publisher AJL [Read Judgment]
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