The Supreme Court granted Danny Gaekwad Developments & Investments an extension until Thursday to deposit Rs 600 crore for acquiring a stake in Religare Enterprises Ltd. Despite the Burman family's allegations, the court allowed the US investor extra time due to difficulties in transferring the funds without RBI's permission. All other terms from the previous court order remain valid.
from Banking/Finance-Industry-Economic Times https://ift.tt/EwXgM0J
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