The Reserve Bank of India (RBI) said it has extended regulatory restrictions on Punjab and Maharashtra Cooperative (PMC) Bank for three more months till June 22,...
The Wadhawans shall help the committee in valuation of HDIL’s encumbered properties, the court said. The Bombay High Court set up a three-member committee on Wednesday...
The bank’s exposure to HDIL was a staggering 75 per cent of its entire loan book. The Punjab and Maharashtra Cooperative Bank(PMC) has in its possession collaterals...
All the five accused were arrested soon after the scam at the bank scame to light in September this year, and are presently in judicial custody....
According to sources, these 30 slum-dwellers probably had the resources to approach the court. The deadline for HDIL to pay rent to tenants in its ambitious Slum Rehabilitation...
The court also said that the assets of HDIL and Wadhawans must be sold at the earliest in the interest of the PMC Bank and its...
The agency submitted its charge sheet, running into around 7,000 pages before a special court set up under the Prevention of Money Laundering Act (PMLA). The...
“We submitted the minutes of the meeting to the court. The court has kept the matter for further hearing on December 10. The matter is sub-judice...
The government agencies imposed restriction on any sort of transaction related with these properties after registering the cheating and money laundering case in the Rs 6,500...
The building has a bamboo scaffolding which came up in July to carry out external repairs and plaster. Repair work of a few buildings at Highland Park in Mulund Colony...
