fridAY 08 november, 2024 epaper.morningstandard.in facebook.com/TheMorningStandard X.com/TheMornStandard Y+ category security Granted to shah rukh khan last year by maha govt After salman, now megastar SRK receives death threat FM sacked German coalition govt in minority Chancellor Olaf Scholz said he would lead the country with a minority government, despite calls from opposition leaders on Thursday for early elections. Page 9 govt rap Consular aid off as Canada fails to offer security Bandra police station received a call, reportedly from Chhattisgarh, threatening Bollywood actor Shah Rukh Khan and demanding `50 lakh Call made from raipur-based lawyer’s phone A CAPITAL VIEW OF NEWS Revanth 1 interview to st national daily T’gana CM calls his tenure a success and says he is planning for the next nine years as the Congress will win at least two terms | P5 New Delhi A g en c i e s US President Joe Biden speaking at the White House on Thursday | PTI/AP A day after Republican nominee Donald Trump emerged victorious in the presidential elections, US President Joe Biden said his administration would ensure a smooth and peaceful transfer of power. In his address to the nation late on Thursday night — his first remarks from the White House since Donald Trump’s win — Biden said he had spoken to Trump and assured him of an orderly transition of power. Biden’s address came a day after Vice President Kamala Jet liquidation flight rostered as SC claims there’s no alternative Orders forfeiture of Jalan-Kalrock consortium’s `200 cr A R S H A D K H A N @ New Delhi The Supreme Cour t on Thursday dashed all hopes of a revival of Jet Airways as it ordered liquidation of the firm, which had been undergoing the insolvency resolution process for over five years. A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra set aside the National Company Law Appellate Tribunal (NCLAT) ruling that upheld the transfer of the airline’s ownership to JalanKalrock Consortium (JKC). The bench stated that the liquidation was in the interest of creditors, workers, and other stakeholders of Jet Airways. T he court noted JKC’s failure to infuse the promised funds of `350 crore to revive the cash-strapped airline. The SC said no progress was seen the resolution plan even after five years, leaving it with no choice but to send Jet Airways into liquidation. “Keeping in mind the fact that almost five years have elapsed since the Resolution Plan was duly approved by the NCLAT and there being no progress worth the name, we are left with no other option but to invoke our jurisdiction under Article 142 of the Constitution and direct that the corporate debtor be taken in liquidation,” it said in the order. The SC held the NCLAT’s directive for the SRA to adjust `150 crore towards the first tranche payment was in disregard of the Supreme Court’s earlier order and the terms of the resolution plan. The bench also ordered forfeiture of `200 crore invested by the consortium and authorised the lenders to invoke the `150 crore bank guarantee to recover some of their dues. The NCLAT had in March upheld the resolution plan of Jet Airways and approved the transfer of its ownership to JKC. SBI, Punjab National Bank, and JC Flowers Asset Reconstruction Pvt Ltd challenged the NCLAT verdict. Jet Airways stopped flying in April 2019. The National Company Law Tribunal in June 2021 gave approval to the Kalrock Capital and Murari Lal Jalan consortium’s bid for Jet Airways, eight months after the lenders had given a goahead to its resolution plan. The consortium was supposed to infuse `1,375 crore in Jet Airways over 2-3 years. In the first tranche, it was to infuse `350 crore and `250 crore in the second tranche. The remaining `775 crore was to be infused from the second year. However, the consortium put in only `200 crore. ‘NCLAT order perverse’ The Supreme Court rapped the NCLAT for allowing the Jalan-Kalrock Consortium to take over Jet Airways without fulfilling its payment obligations, terming the Appellate Tribunal’s verdict ‘perverse’ Payment norms flouted SC noted that the NCLAT’s approval of adjusting the performance bank guarantee as a partial payment was in “flagrant disregard” of an earlier directive of the court, as well as the terms of the resolution plan Now, Ayurveda Biology in the UGC-NET Ayurveda Biology has now been introduced as a subject in the UGC-NET exam, the University Grants Commission (UGC) announced on Thursday. Starting December 2024, candidates can opt for this unique subject, promoting interdisciplinary knowledge and the ancient science of Ayurveda. Speaking with this paper, UGC Chairman Prof M Jagadesh Kumar said, “The introduction of Ayurveda Biology as a paper in UGCNET will encourage aspiring students to the Sanskrit texts of Āyurveda to integrate the deep knowledge contained in these texts to create a holistic J8.00 Harris gave her concession speech and promised to keep up the “fight that fuelled this campaign.” In a bid to bring a closure to the bitterly contested election, which split people into two groups with extremely opposite views, Biden said: “Something you can do no matter who you voted for is, see each other not as adversaries but as fellow Americans.” Consoling supporters of Harris, he said electoral defeats are temporary “Setbacks . are unavoidable, but giving up is unforgivable,” he said. Earlier in the day, Chinese impetus to research K a v i ta B aje l i - D att @ New Delhi l l PAGES 12 Transition of power will be peaceful: Biden Y e s h i Se l i @ New Delhi Canada’s failure to provide security assurance to Indian diplomats facing threats from Khalistani radicals, forced the India Consulate General in Toronto to cancel consular camps over the weekend. The decision comes days after Khalistani elements indulged in violence outside a temple in Brampton, where a consular camp co-organised by the Hindu Sabha mandir was underway . “In view of the security agencies conveying their inability to provide minimum security protection to the community camp organisers, Consulate has decided to cancel some scheduled c o n s u l a r camps,’’ the Indian Consulate in Toronto said on Thursday . Canada curiously blocked social media handles of Australia Today, a diaspora news outlet, which had carried an interview with S Jaishankar. “This highlights Ottawa’s hypocrisy towards freedom of speech,’’ said Randhir Jaiswal, MEA spokesperson. In his media engagements in Australia, Jaishankar spoke about the Trudeau government making allegations without evidence, unacceptable surveillance of Indian diplomats and the political space Canada has given to anti-India elements. Consular camps are part of the mission’s outreach programme, particularly to Indians and Indian-origin people, to help in their access to pensions and other documentation. l The Mumbai police said the call was made from a phone number registered in the name of a lawyer based in Raipur. The lawyer told the police that he lost his phone last week and had filed a complaint. He later told the media that he had once filed a complaint against the actor over a movie dialogue perceived as hurting the sentiments of the Bishnoi community | P8 and sustainable model for study and research in contemporary biological sciences.” After they complete their PhD programme in Ayurveda Biology they will have the op, portunity to join Universities to research and train future generations of students, he said. Prof Kumar added that with people becoming more aware of the benefits of natural and holistic healthcare, Ayurveda has become popular as an alternative to allopathic medicine, contributing to the rapid expansion of this sector. “Ayurveda is increasingly being integrated with modern healthcare systems. Therefore, we must understand Ayurveda from the perspective of con- temporary science,” he said. Ayurveda Biology aims to study India’s vast expanse of traditional knowledge in the field of Ayurvedic and related sciences from the perspective of mainstream contemporary studies in Biological Sciences, he added. The UGC conducts the National Eligiblity Test (NET) through the National Testing Agency (NTA) twice a year, in June and December. Its syllabus is available on the UGC-NET website, i.e, www.ugcnetonline.in, the notice, dated November 5 said. With Ayurveda Biology being added for UGC-NET exams, now there are a total of 105 subjects, including Political Science, Philosophy, Psychology Sociology History , , . 150 Subjects now in UGC-NET exam list The Commission in its 581st meeting held on June 25, 2024, decided to add Ayurveda Biology as an additional subject from December 2024 to the existing list of subjects of UGC-NET Manish R Joshi, UGC Secretary President Xi Jinping congratulated Trump on his election victory Xi, in his congratula. tory message to Trump, posted on the Chinese Foreign Ministry website, called for the two countries to strengthen dialogue and communication, properly manage differences and expand mutually beneficial cooperation. Trump is expected to announce staff picks soon. Meanwhile, US media reports said the Justice Department is planning to drop cases against Trump in line with its policy that a sitting President can’t be prosecuted. P9 You can’t love your country only when you win, you can’t love your neighbour only when you agree. In a democracy, the will of the people prevails Joe Biden, US President After SC rap, Centre doubles fines for stubble burning as AQI severe H A R P R E E T B A J W A @ Chandigarh To combat the worsening air quality in the national capital, the Centre has doubled penalties for farmers who burn crop residue in Delhi-NCR and nearby states. However, the cultivators have called the action “counter-productive”. On October 23, the Supreme Court termed the Environment Protection Act (EPA), 1986, and the small fines for stubble burning as “toothless”. Under the new regulations, farmers with less than two acres of land will be required to pay an environmental com- pensation fee of `5,000. For those with over two acres but less than five acres the penalty will be `10,000. Farmers having than more than five acres will face a fine of `30,000 for burning paddy stubble. Previously the fines were lower. Farm, ers holding less than two acres of land were fined `2,500, while it was `5,000 and `15,000 for those with 2-5 acres and over five acres, respectively . It also laid out the process of holding an inquiry on complaints against environmental pollution and that of adjudicating such complaints. P4 express read HC closes case on ban of ‘The Satanic Verses’ The Delhi HC has closed a case challenging the ban on importing Salman Rushdie’s ‘The Satanic Verses’, after customs failed to produce record of the notification purportedly enforcing the ban. | P4 Traffic advisory issued for November 9-12 Traffic will be restricted on Panchsheel Marg to NitiPanscheel Marg from November 9-12. Traffic will be allowed on Satya Marg towards Niti MargSatya Marg roundabout.