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The Registrar of Companies (RoC) under the MCA has imposed penalties of ₹485,000 each on JM Financial Properties and Holdings, Shankar Packagings and Krishna Solvechem and some of their key executives since mid-October, according to a copy of the RoC orders seen by ET. ....
Bombay Rayon Fashions: JM Financial Asset Reconstruction Company and JM Financial Properties submitted expressions of interest for all categories of its assets. While JM Financial ARC holds 91% of the admitted financial claims, the remaining 9% is by Axis Bank. ....