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SC accepts Rs 275 cr DD from JP Group, asks to pay another tranche by Dec 31; directors can't alienate properties


SC accepts Rs 275 cr DD from JP Group, asks to pay another tranche by Dec 31; directors can t alienate properties
SC accepts Rs 275 cr DD from JP Group, asks to pay another tranche by Dec 31; directors can t alienate properties
The Supreme Court Today Directed 13 Directors, Including Five Promoters Of Embattled Jaiprakash Associate Limited (JAL) Not To Alienate Their Personal Properties And Asked The Firm To Deposit Rs 150 Crore And Rs 125 Crore By December 14 And December 31 Respectively.
PTI
| Updated on: 22 Nov 2017, 03:16:27 PM
New Delhi:
The Supreme Court today directed 13 directors, including five promoters of embattled Jaiprakash Associate Limited (JAL) not to alienate their personal properties and asked the firm to deposit Rs 150 crore and Rs 125 crore by December 14 and December 31 respectively. ....

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