Anil Agrawal (Retired) 04 November 2009

Recuse

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After keeping a judgement reserved for almost two months, another Supreme Court judge Justice Markandey Katju today withdrew from a dispute between Mukesh Ambani group firm Reliance Industries Ltd and BPCL over price differences in naptha supplied by state-run company to RIL plant in Raigad.

Katju recused himself from the matter saying his wife held shares of Reliance Industries.

While the Bench headed by Justice Katju had on September 1 this year reserved the judgement on the issue, another bench in its interim order in June last year had asked RIL to pay Rs 50 crore (Rs 500 million) against BPCL's demand of Rs 110 crore (Rs 1.1 billion) within two weeks to BPCL for the price difference in naptha supplied by the state-run company to RIL plant in Raigad.

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MOHAN (advocate) 05 November 2009

In todays world it is true that many judges or their spouse invest in shares of many public limited companies . Hence it is expected to maintain high order dignity the judges should recuse from hearing the case if they invest in any shares of the company. It is better for all the sitting judges to give details of their wealth including their investments in company so that a particular case need not be posted before the particular bench.

Or the other way round is atleast after their elevation to the supreme court they must sell the shares and should not invest in shares till their retirement.