Supreme Court tells Jaiprakash Associates to deposit ₹650 crore
The Supreme Court asks Jaiprakash Associates to submit 650 crore to prove it is bona fide before the court, after it failed to deposit 1,000 crore as directed on 16 May
New Delhi: The Supreme Court on Wednesday suggested Jaiprakash Associates Ltd (JAL), the parent of debt-ridden Jaypee Infratech Ltd (JIL), submit ₹ 650 crore to prove it is bona fide before the court, after it failed to deposit ₹ 1,000 crore as directed on 16 May.
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