IN an unprecedented move, the judges of the Supreme Court, including Chief Justice of India K G Balakrishnan, voluntarily declared their assets. The disclosures, which have been put on the website of the apex court, also include the assets of their spouses.
CJI Balakrishnan has no investment in shares and no fixed deposits. He owns immovable properties, including a residential flat at Mamangalam in Ernakulum, and family property worth over Rs 18.08 lakh. Justice Balakrishnan also owns a house on 15 cents of land, whose valuation was not mentioned in his declaration, at Thrikkakara south village, Kanayanur Taluk, Kerala. Justice Balakrishnan also owns a Santro Car of 2000 model and 20 sovereigns of gold jewellery.
Justice S H Kapadia, next in line for the CJI’s post, owns a flat in Mumbai worth Rs 20 lakh (pro-rata cost of construction). Justice Kapadia has invested in shares worth Rs 22 lakh, mutual funds worth Rs 1,80,000 (cost price). He has fixed deposits of Rs 3, 85,000 and PPF of Rs 12.50 lakh. Justice Kapadia also bequeathed jewellery at the time of his marriage with current valuation of Rs 1 lakh. He owns no vehicle and has no liabilities.
Justice Altamas Kabir, another seniormost judge of the apex court, owns a residential house in Kolkata with valuation of over Rs 30.75 lakh. He also discloses about his various policies. He has three joint savings accounts with UCO Bank, Bank Of India and United Bank of India, with savings of Rs 2,01,375, Rs 51,950 and Rs 3,12,066 respectively.
Justice A K Ganguly owns a flat and residential house in Kolkata. He also disclosed his investment in shares and mutual funds.
Justice Tarun Chatterjee, another senior-most judge of the apex court who is also a part of the SC collegium, owns a building in Kolkata whose value is not disclosed. He has investment of Rs 10,000 in shares and fixed deposit of an equal amount. He has no PPF investment.
Justice R V Raveendran declares that he owns shares in 57 various companies. This includes his 772 shares in Mukesh Ambani’s Reliance Industries (RIL) and 783 shares in Anil Ambani-led Reliance Natural Resources (RNRL). He owns maximum number of shares — 3,000 — in Murdeshwar Chemicals. Justice Raveendran declares that he is the coowner of a house in Bangalore, owns one residential unit, one vacant plot and one office unit and another plot in Bangalore.
He also gives the details of his fixed deposits with Federal Bank and Syndicate Bank without disclosing the amounts. Justice Raveendran also disclosed that he has three savings accounts with UCO Bank, Federal Bank and Syndicate Bank.
Twenty-one judges of the apex court, including CJI Balakrishnan, have declared their assets. Justice B N Agarwal, who retired on October 15, also declared his assets on special request. The assets of Justice H S Bedi are not available on the website.
The description of the properties have been divided into four categories — immovable assets like landed property, including buildings and flats; shares and investments; movable properties, including jewellery and vehicles; and liabilities like loans, unpaid bills, etc.
The Supreme Court’s judgment to decriminalize Section 377 of Indian Penal Code (IPC) on 6th September 2019 was embarkation of a more egalitarian society. The verdict equipped members of LGBTQ commun More
Helplinelaw can set up your session with quality and experienced lawyers to discuss and resolve your legal matters. You can avail consultation in form of sending questions, phone call or webchat discussion More