The court has not exempt Ramdev, Balkrishna from personal appearance, gives them a week to file affidavit. The court asked the Centre why it failed to intervene effectively when Patanjali went to town claiming Covid cure.
The court however made it clear that it would continue to monitor the loan repayment and would not dispose off the case.
The court also directed SpiceJet CMD Ajay Singh to be present personally in court for the next hearing on October 20
It was a day of high drama at Court Room No. 1 of the National Company Law Tribunal (NCLT) on Monday, as the Tribunal began hearing the contempt petition filed by Cyrus Mistry‘s lawyers.
The National Company Law Tribunal today reserved its order till January 18 on a contempt petition filed by two Cyrus Mistry family Companies against Tata Sons and its directors, including Ratan Tata, alleging violation of NCLT directives in taking steps to remove Mistry from the Board.
The SEBI-SAHARA battle keeps making headlines...week after week after week. In the last 5 months two different Supreme Court benches have in no uncertain terms told Sahara to pay up over 20,000 crores to SEBI so that the regulator can refund the money to Sahara‘s verified OFCD investors.