Source – devdiscourse.com The Delhi High Court adjourned the hearing on a petition seeking enhancement of withdrawal limits in Punjab and Maharashtra Co-operative (PMC) Bank. A Division Bench of Justice D N Patel and Justice C Harishankar deferred the matter for April 21 after the petitioner sought time to file rejoinder in the matter contending
Source – news18.com New Delhi: The Supreme Court refused to hear a plea filed on behalf of account holders in PMC Bank, which has been put under restrictions by the Reserve Bank of India (RBI) following the discovery of a Rs 4,355-crore scam. The plea, filed on behalf of the people whose money is blocked, sought the
Source: firstpost.com The Supreme Court has agreed to grant an urgent hearing in the PMC Bank case. A public interest litigation (PIL) filed by Bijon Mishra for an urgent hearing in the case seeks full protection of savings of over 15 lakh depositors and 100 percent insurance cover. The PIL will be heard by the
Source: thehindubusinessline.com The Economic Offences Wing of the Mumbai Police, on Thursday, arrested Sarang Wadhawan and Rakesh Wadhawan, promoters of Housing Development Infrastructure Limited, in connection with the PMC Bank fiasco. The authorities have also frozen fixed assets worth ₹3,500 crore of the Wadhawans, according to police officials involved in the case. This comes even as
