HC orders fresh elections in three months

Dr. Rumi F. Beramji Mumbai: In a jolt, the Bombay High Court has directed the state government to hold elections to the Maharashtra Council of Acupuncture (MCA) - which is managed by an Administrator for past three years – within three months, here on Friday. A division bench of the Bombay High Court (Aurangabad Bench) comprising Justice Ajit Kadethankar and Justice Vibha Kankanwadi were disposing off a petition filed a senior medical practitioner, Dr. Laxman Bhimrao Sawant through his...

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HC orders fresh elections in three months

Dr. Rumi F. Beramji Mumbai : In a jolt, the Bombay High Court has directed the state government to hold elections to the Maharashtra Council of Acupuncture (MCA) - which is managed by an Administrator for past three years – within three months, here on Friday. A division bench of the Bombay High Court (Aurangabad Bench) comprising Justice Ajit Kadethankar and Justice Vibha Kankanwadi were disposing off a petition filed a senior medical practitioner, Dr. Laxman Bhimrao Sawant through his lawyer Sharad V. Natu, seeking different reliefs. These included alleged serious irregularities in the functioning of the MCA and challenging the continuation of the Administrator for a prolonged period pending the elections. The matter was highlighted in detail by ‘ The Perfect Voice’ on April 21. Strong Observations In its order uploaded today, Justice Kadethankar and Justice Kankanwadi noted the petitioner’s contentions that the Administrator, Dr. Rumi F. Beramji was appointed for only one year, and that period is over. “It should be the endeavour of the State to implement the various provisions of the Act, that is, the Maharashtra Acupuncture System of Therapy Act, 2015. Holding of elections and formation of the council as per Section 3 of the said Act should be adhered to by the State Government and it cannot be then postponed in infinity,” said the court. Accordingly, Justice Kadethankar and Justice Kankanwadi directed the state government, through the Medical Education & Drugs Department (MEDD) to conduct the MCA elections within a period of three months. Prolonged Tenure Among other things, the petitioner had termed the appointment and prolonged tenure of former MCA Chairman Dr. Rumi F. Beramji as “illegal and arbitrary,” and detrimental to the cause of Acupuncture. Elected as the inaugural head (May 2018-May 2023) of the five-member statutory body, Dr. Beramji, was subsequently appointed its Administrator after the MCA’s term expired. Adv. Natu pointed out that the Administrator’s appointment was intended to be a stop-gap arrangement for one year to facilitate the polls, but it was subsequently ‘extended’. However, nearly three years later, Dr. Beramji continued without fresh elections being conducted, raising questions over adherence to statutory norms and principles of governance. Directionless Members Dr. Sawant further contended that while Dr. Beramji was installed as Administrator, the remaining members of the council were effectively superseded, leaving the regulatory body without its mandated collective structure, and over 6500-members directionless. He argued that the excuse cited for delay in conducting elections was ostensibly an incomplete voter list, but this reason was flimsy considering the extended time lapse. The petition, which was heard and disposed of on April 22, also levelled serious allegations against the style of functioning of the MCA Administrator, decisions were taken unilaterally, whimsically and without transparency or institutional accountability. Selective Targeting It also made accusations of ‘selective targeting’ of certain prominent members who attempted to raise valid issues, including the globally-renowned noted acupuncture expert Dr. P. B. Lohiya of Chhatrapati Sambhajinagar. Other members raised doubts over approvals granted to more than a dozen acupuncture colleges and some two dozen Continuous Acupuncture Education (CAE) centres in undue haste, purportedly in violation of prescribed norms and alleged shady deals. Many of these institutions, it was claimed, either exist only on paper or lack essential infrastructure, faculty and facilities. The petitioner called for a comprehensive review of the Administrator’s tenure, a financial audit of the MCA's affairs, and an independent probe by the MEDD into the approvals granted to the institutions in recent years. Dr. Sawant had sought quashing Dr. Beramji’s appointment as MCA Administrator and setting aside all policy decisions taken during his tenure in the last three years, and ordering the government to hold elections to the body.

India bears the brunt: Nifty crashes 1,100, Sensex nosedives 3,900 points after US trade shock

Correspondent
Apr 7, 2025
2 min read

India woke up to a financial jolt this morning as its equity markets suffered their steepest fall in nearly a year, shaken by the ripple effects of US President Donald Trump’s aggressive new tariff regime. The Sensex plunged over 3,900 points at opening bell, while the Nifty tumbled more than 1,100 points, dragging Indian stocks to a 10-month low.

This sharp decline follows a global equity rout triggered by Trump's protectionist measures, which have sent panic waves across Asia and raised the spectre of a global recession. Investors dumped shares in a massive sell-off, with Indian benchmarks reacting sharply in early trade. The Sensex dropped to 71,425.01 — down 3,939.68 points — while Nifty slipped to 21,743.65, marking a 3.5% slide from the last session.

Adding to the pressure, the Indian rupee depreciated 30 paise to open at 85.74 against the US dollar.

India Among the Hardest Hit

Trump’s latest tariff hike — framed as a push to restore fairness to global trade — has imposed country-specific duties that go as high as 50%. India has been slapped with a 26% tariff, while a 10% baseline duty applies to all nations. This has set alarm bells ringing among Indian exporters and traders already struggling with global demand volatility.

President Trump, unfazed by the financial carnage, likened the move to a bitter but necessary cure. “Sometimes you need the medicine to fix something,” he told reporters earlier today.

Analysts Urge Economic Safeguards

Market experts believe that India's current market turmoil isn't rooted in domestic issues but is rather a consequence of being tightly woven into global investment flows.

“India will face the heat, not due to domestic reasons, but as an interlinked chain in the global portfolio flows,” said Ajay Bagga, a noted market expert. “India will need a fiscal, monetary, and reform package to protect the domestic economy from this global economic winter that is threatening to settle in.”

Sunil Gurjar, SEBI-registered research analyst, warned that the Nifty50 index has breached its first support level and is approaching the next. "A further breakdown could worsen the trend and accelerate the fall," he cautioned.

Asian Markets Bleed

The tremors from Trump's announcement were first felt in Asia, with key markets suffering steep losses. China's stock markets fell over 4% amid retaliatory tariffs of 34% against the US. Hong Kong's Hang Seng nosedived more than 10%, while Japan’s Nikkei index fell 6.5% after plunging 8% earlier in the day. Taiwan saw a near-10% collapse, and Singapore dropped over 8%.

Wall Street Braces for Impact

US markets, though yet to open, appear set for a rough start. Futures contracts on the New York Stock Exchange are sharply down, suggesting heavy losses once trading resumes.

Market sentiment globally has turned bearish, with fears of a looming recession taking hold. Stephen Innes of SPI Asset Management described the scene as “free-fall mode,” noting, “Trump’s team isn’t blinking. The tariffs are being treated as a victory lap, not a bargaining chip.”