Unraveling the National Herald Case: Legal Intricacies and Political Ramifications
Unraveling the National Herald Case: Legal Intricacies and Political Ramifications By Advocate Jangam Siddhartha 🔍 Introduction The National Herald case has emerged as one of the most high-profile legal battles in recent Indian political history. Involving senior Congress leaders including Sonia Gandhi and Rahul Gandhi, the case sits at the intersection of white-collar crime, political power, and legal accountability. It raises complex questions of corporate structure, fiduciary responsibility, and the exercise of prosecutorial discretion by agencies such as the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI). 📜 I. Genesis of the Dispute: Young Indian and Associated Journals Ltd. The controversy began with a criminal complaint filed by Dr. Subramanian Swamy in 2012 , alleging that the Gandhis had orchestrated a financial scheme through Young Indian Pvt. Ltd. , a Section 25 (now Section 8 under Companies Act, 2013) not-for-profit company, to acquir...