SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Ashwani Kumar says SC’s decision is 'supreme' on disqualification of Karnataka MLAs

13 Nov 2019 Evaluate

Ashwani Kumar, former law minister and senior Congress leader has accepted the decision of the Supreme Court (SC) which upheld the decision to disqualify 17 rebel Karnataka Congress and JD(S) MLAs and said that the verdict will empower the anti-defection law. He said ‘Disqualification of MLAs of Karnataka by Supreme court is legitimate. The Supreme Court has maintained that the anti-defection law is the principal of the parliamentary democracy. After this decision, such a law will be more empowered’.

Earlier today, the top court upheld the decision of the then Karnataka speaker K R Ramesh Kumar to disqualify 17 rebel Congress-JD(S) MLAs under the anti-defection law but ruled that they can contest the upcoming by-elections in the state. He also took a jibe at Maharashtra Governor for recommending President Rule and said that he did not follow the prescribed criteria. The Congress leader said ‘He has given more time to one party and less time to other parties to form government in the state. I believe this is not a democratic norm’.

In fast-moving developments, the President's Rule was imposed in the state on Governor Bhagat Singh Koshyari's recommendation after no party could stake claim to form the government.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: