
Religare Case: SC extends Gaekwad’s deadline to deposit £ 600 crore until 2 p.m.
The Supreme Court has given our established businessman Danny Gaekwad time up to 2 p.m. on Thursday to deposit £ 600 crore into an Escrow account for authentication of his counter-offer for religare companies. Without going into the ‘merits’ of the accusations provided, the APEX court instructed RBI to facilitate the transaction. Gaekwad submitted an…