https://www.taxtmi.com/caselaws?id=338716 The Supreme Court dismissed an application for time extension to deposit a specified amount but allowed the transfer of funds from a London bank account to comply with the court order. The contemnors provided bank drafts and a roadmap for clearing the principal amount by a specified date. The court deferred discussion on interest payment, directing the contemnors to list unencumbered properties for public auction, emphasizing attachment of a property in Aamby Valley City, Pune, Maharashtra. The court ordered attachment of this property for realizing the entire amount, pending the next hearing, and deferred consideration of interlocutory applications. en-us Mon, 06 Feb 2017 00:00:00 +0530 Wed, 08 Feb 2017 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338716 The Supreme Court dismissed an application for time extension to deposit a specified amount but allowed the transfer of funds from a London bank account to comply with the court order. The contemnors provided bank drafts and a roadmap for clearing the principal amount by a specified date. The court deferred discussion on interest payment, directing the contemnors to list unencumbered properties for public auction, emphasizing attachment of a property in Aamby Valley City, Pune, Maharashtra. The court ordered attachment of this property for realizing the entire amount, pending the next hearing, and deferred consideration of interlocutory applications. Case-Laws Companies Law Mon, 06 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338716