After Karnataka HC plea, VTU to allow students to appear for exit exam

BENGALURU: Visvesvaraya Technological University has decided to permit students, who had approached High Court to extend them the one time exit scheme examination scheduled to be held from April 9.

In a memo filed before the HC, the VTU has stated that one time exit scheme examination has been extended to those students, who are before the high court and who have migrated from Non-CBCS (Choice Based Credit System) to CBCS scheme only at the third and fourth level semester.

Further, it has made it clear that they have to return to non CBCS scheme till the completion of their degree, as per the notification dated September 13, 2017. Such students shall study additional subjects if any and abide by the regulations of the varsity.

Students have to do so by giving an undertaking and they shall also not be allowed to revert back to non CBCS, the memo states.

Nearly 400 students had approached the court seeking directions to the varsity to extend the benefits of the one-time exit scheme to them.

Padukone told to deposit `20 lakh

The High Court on Wednesday has directed ace Badminton player Prakash Padukone to furnish a bond of `20 lakh before the lower court.

Following the execution of furnishing the bond, transactions of his bank account in the Malleswaram Branch of IDBI Bank Ltd shall resume.

Prakash Padukone, his wife Ujjala and daughter Anisha Padukone had moved the HC against Banashankari police for freezing their accounts in IDBI Bank Ltd branch in Malleswaram.

This was done following series of complaints against Vikram Investments for running a ponzi scheme. The police had frozen more than 80 accounts, including that of Padukone family, as part of their investigation into the fraud.

During the hearing, it was submitted before the HC that Prakash Padukone had invested Rs 20 lakh in Vikram investment, for which Rs 20 lakh was deposited in his account as returns.

Following this the court has directed Padukone to furnish Rs 20 lakh as bond before the lower court earned as returns.

The petitioners, Padukone, his wife and his younger daughter had approached court citing that they were not notified before their accounts were frozen.

Assuring high profits, Vikram Investments had duped several investors including celebrities such as Rahul Dravid, Prakash Padukone and others.

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