BANKING - SC Stays Bombay HC Order Directing Federal Bank to Pay Rs. 4 cr to Harshad Mehta's Wife - 12.03.2019

Supreme Court has stayed order of Bombay High Court that directed Federal Bank to pay Rs. 4 crore with 18 per cent interest from 1992 to the wife of late stock broker Harshad Mehta and agreed to hear bank’s plea that it cannot be asked to pay amount to a third party.

Tags : Supreme Court Federal Bank Harshad Mehta

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