Active Stocks
Thu Apr 18 2024 12:25:28
  1. Tata Steel share price
  2. 163.50 2.16%
  1. Power Grid Corporation Of India share price
  2. 284.60 3.74%
  1. Infosys share price
  2. 1,442.00 1.93%
  1. NTPC share price
  2. 359.25 0.00%
  1. Wipro share price
  2. 453.75 1.15%
Business News/ News / India/  'Govt sitting with eyes closed': Supreme Court raps Centre, slaps temporary ban on Patanjali's 'false' ads
BackBack

'Govt sitting with eyes closed': Supreme Court raps Centre, slaps temporary ban on Patanjali's 'false' ads

The Supreme Court of India reprimanded Patanjali Ayurved and the Central government over misleading ads. Patanjali is now banned from advertising medicinal products, with contempt of court notices issued against Baba Ramdev and Acharya Balkrishna.

Patanjali has been banned from advertising or marketing medicinal products that are intended to treat ailments specified in Drugs and Magic Remedies (Objectionable Advertisements) Act. (ANI)Premium
Patanjali has been banned from advertising or marketing medicinal products that are intended to treat ailments specified in Drugs and Magic Remedies (Objectionable Advertisements) Act. (ANI)

Patanjali Ayurved was banned from advertising medicines with ‘misleading claims’ during a Supreme Court hearing on Tuesday. The bench also came down heavily on the Central government for “sitting with eyes closed" while the entire country was “taken for a ride". The apex court has issued contempt of court notices against founder Baba Ramdev and MD Acharya Balkrishna for flouting previous court orders and continuing to peddle misleading claims.

“The government is sitting with its eyes closed. This is very unfortunate. The government will have to take some immediate action," NDTV quoted the Supreme Court as saying.

Meanwhile Patanjali Foods — part of the Baba Ramdev-led group — insisted that business operations and financial performance would not be impacted by the Supreme Court's observations. 

“The observations of Supreme Court of India do not relate to Patanjali Foods Ltd (PFL) which is an independent listed entity and operates in the space of edible oil and food FMCG products only. The observations  do not have any beating on the regular business operations or the financial performance of Patanjali Foods," the company said.

ALSO READ: ‘Fine us for 1000 crore, also ready for death penalty if..’ Baba Ramdev after SC warning on misleading advertisements

The top court is hearing a plea of the Indian Medical Association alleging a smear campaign by Ramdev against the vaccination drive and modern medicines. The SC had previously threatened to impose a cost of 1 crore per false claim propagated in each advertisement.

The Bench also took exception to one of the advertisements published by Patanjali after the November last year order of the apex court. It has now warned the company and its officers against making media statements against any system of medicine in any form as stated in their undertaking on November 21 last year.

(With inputs from agencies)

 

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 27 Feb 2024, 04:17 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App