The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on 23 May under the PMLA after an FIR against companies like Jaypee, Jayprakash Associates, and others.
SC may use powers under Article 142 to examine claim after Suraksha & Lakshdeep — companies that took over JIL's assets & liabilities — said Rs 33,000 cr debt would delay flat delivery.
The bankruptcy code has broken new ground by lifting homebuyers left without apartments by debt-stressed builders to the status of financial creditors.
Armani built a multibillion-dollar global brand from something as simple as an unstructured jacket, and broke down the walls between formal and casual.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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