Bombay HC Directs NSCCL To Stop Liquidating Gitanjali Shares
  • Ekta Tibrewal
  • Sep 02 2013

September 2: The Bombay HC has directed the National Securities Clearing Corporation to stop liquidating the Gitanjali shares, as it perceives them as proceeds of crime. According to sources, N Jayakumar allegedly failed to deliver shares in clients’ accounts and parked shares as collateral with NSE.