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Black Money: Centre Seeks Time on SIT

The Centre moved the Supreme Court seeking modification of its earlier orders on setting up a Special Investigation Team (SIT) to investigate the black money stashed away in tax havens abroad on Wednesday.

Published: 22nd May 2014 08:47 AM  |   Last Updated: 22nd May 2014 08:47 AM   |  A+A-

NEW DELHI: The Centre moved the Supreme Court seeking modification of its earlier orders on setting up a Special Investigation Team (SIT) to investigate the black money stashed away in tax havens abroad on Wednesday.

The court is likely to hear the matter on Friday.

The Centre has urged the court to give it another two weeks’ time to issue the notification on setting up of the SIT.

The court in its May 1 order had given the government three weeks’ time to issue a notification setting up the SIT to be presided by former apex court judges Justice M B Shah and Justice Arijit Pasayat as chairman and vice-chairman to guide and direct the investigation.

The three weeks’ time ends on May 22. Solicitor General Mohan Parasaran sought extension of time from the apex court Bench comprising Justice B S Chauhan and Justice A K Sikri.

But the Bench asked him as to how they, sitting in the vacation Bench, could modify the order passed by another Bench.

Parasaran told the court that the notification for setting up of the SIT was ready, but since the incumbent government was a caretaker government it was felt that the new government should take a call.

However, in its application seeking modification/extension of time, the government said the matter of reconstituting the SIT was considered at the level of the prime minister, but no decision could be taken in view of the fact that the government would be submitting its formal resignation May 17.



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