Section

SC declines to stay Bombay HC proceedings against MEP Infrastructure

By Economic Times - 5 months ago
The Supreme Court on Monday declined to stay the proceedings of the Bombay High Court that had restrained toll company MEP Infrastructure from disposing of its shareholdings in 31 subsidiary companies after defaulting on a Rs 5500 crore payment to the Municipal Corporation of Delhi (MCD). The High Court also directed these 31 firms to provide details of their assets.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.