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    <title>2002 (9) TMI 769 - HIGH COURT OF DELHI</title>
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    <description>Delhi HC treated the allegations against the Kuber Group as general and vague, and noted that the record did not show the company as beyond redemption in the RBI&#039;s view. The Court also observed that the writ petition&#039;s filing and publicity had weakened depositor confidence and affected repayment capacity. It considered that excluding the group entirely would not protect the interests of small depositors because a workable repayment mechanism was still required. The Court therefore declined to proceed further on the petition qua the group and required a fresh, viable repayment scheme to be placed before it within the time granted.</description>
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    <pubDate>Tue, 24 Sep 2002 00:00:00 +0530</pubDate>
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      <title>2002 (9) TMI 769 - HIGH COURT OF DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=108846</link>
      <description>Delhi HC treated the allegations against the Kuber Group as general and vague, and noted that the record did not show the company as beyond redemption in the RBI&#039;s view. The Court also observed that the writ petition&#039;s filing and publicity had weakened depositor confidence and affected repayment capacity. It considered that excluding the group entirely would not protect the interests of small depositors because a workable repayment mechanism was still required. The Court therefore declined to proceed further on the petition qua the group and required a fresh, viable repayment scheme to be placed before it within the time granted.</description>
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      <pubDate>Tue, 24 Sep 2002 00:00:00 +0530</pubDate>
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