New Delhi: A new twist has come again in the PMC Bank case. The decision of the Bombay High Court has been challenged for the second time in the apex court within a month. This time the Reserve Bank of India (RBI) has reached the top court with its petition. The central bank has challenged a new order of the High Court in the court.
New tax system will issue tax saving options to taxpayers
On Tuesday, the Reserve Bank, while filing a petition in the Supreme Court, said that the Bombay High Court should stop the order of auctioning the property of the bank owners. The Reserve Bank says that it is trying to salvage the PMC bank from the crisis. If the property of the bank owners is auctioned by following the order of the High Court, then all the efforts of the Reserve Bank will be wasted. In this regard, the top court has been asked to immediately stop the High Court order.
Crude oil prices come down to lowest level, Coronavirus is the reason
On January 16 last month, the Enforcement Directorate (ED) also reached the apex court against an order of the High Court on PMC Bank. Solicitor General Tushar Mehta told the bench headed by Chief Justice Sharad Arvind Bobde that the Bombay High Court has ordered the transfer of both the accused of the bank scam from jail to residence. The ED demanded that this order of the High Court be immediately stopped. After the hearing, the top court stayed the High Court order.
SpiceJet will give 'free' tickets to people coming to vote in Delhi, Know special offer