HC responds to PIL in PMC case, asks HDIL to repay loan

Responding to a PIL in PMC case, the Bombay High Court recently said the HDIL and its promoters will have to repay loan. The PIL was filed by advocate, Sarosh Damania, say media reports.

The court also said that the assets of HDIL and Wadhawans must be sold at the earliest in the interest of the PMC Bank and its depositors

A division bench of Justices Ranjit More and S P Tavade was hearing the PIL.

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