Adani Wilmar, Coal India, Dish Tv, Eicher Motors, Grasim, Medplus Health, MTNL, Nagarjuna Fertilizers, PC Jeweller, Railtel, Rajesh Exports, Spandana Sphoorty and SpiceJet to announce results today.
The NCLAT had allowed the pleas of all banks as well as JAL and held that the transactions were genuine and the allegation of undervaluation was not justified
The bench, once during the hearing, asked JAL to deposit Rs 4.75 billion by August 27 with a caution that non-compliance would force it to order jailing of its directors
The bench on May 16 had asked JAL to deposit Rs 10 bn, in addition to Rs 7.5 bn already deposited
A bench headed by Chief Justice Dipak Misra had earlier asked the firm to deposit Rs 2,000 crore with its registry