Judges Say Not Proper To Expect Hindu Gods To Have Necessary Skills And Expertise
This must surely be one of the most strange cases to appear before an Indian court. Two judges were asked to rule on whether Hindu gods can open trading accounts for the purpose of dealing in stocks and shares. The judges said “No”, ruling that it is not proper to expect Hindu gods to have the necessary skills and expertise to deal in stocks and shares.
About The Case
The legal challenge was brought before the Bombay High Court by a private religious trust owned by the former royal family of Sangli, located in the western Maharashtra state. Mumbai (Bombay) is the capital of this state. The suit is directed against the National Securities Depository Limited (NDSL) because it had earlier rejected an application by the trust to open trading accounts for five Hindu deities, including the revered elephant-headed god, Ganesha. Now Ganesha is also known as Lord Ganpati. He is one of the most popular and well-known of Hindu gods, particularly in Mumbai and Maharashtra.
It seems that the private religious trust had earlier succeeded in securing income tax cards and saving accounts for these 5 Hindu gods. But the NDSL rejected their applications for trading accounts arguing that it would be difficult to take action against the Hindu gods in the event of defaults or dealing irregularities.
The High Court Ruling
High Court Judges P B Majumdar and Rajendra Sawant, sitting on the bench of the Bombay High Court, ruled against the private religious trust. The judges said: “Trading in shares on the stock market requires certain skills and expertise and to expect this from deities would not be proper.”
High Court Judges P B Majumdar and Rajendra Sawant added: “Gods and goddesses are meant to be worshipped in temples, not dragged into commercial activities like share trading.”
Think About It
Why did the private religious trust want to trade in stocks and shares using the trading accounts of 5 Hindu gods? Shouldn’t they just deal in stocks and shares in the name of their own trust? When the Bombay High Court judges said that it is not proper to expect Hindu gods to have the required skills and expertise in dealing in stocks and shares, what implications does this remark have on Hindu deities? If Hindu deities can open trading and other accounts, can mortals sue them if these trading accounts should incur losses and defaulted on their financial obligations? If so, can anyone enforce a judgement against any of these 5 Hindu gods?
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