HDIL, its promoters have to repay loan to PMC Bank: HC

The court also said that the assets of HDIL and its promoters Rakesh Wadhawan and Sarang Wadhawan must be sold at the earliest in the interest of the PMC Bank and its depositors. A division bench of Justices Ranjit More and S P Tavade was hearing a PIL filed by an advocate, Sarosh Damania, seeking directions for expeditious disposal of HDIL Group assets.

from Banking/Finance-Industry-Economic Times https://ift.tt/2PZYaPR