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PMC Bank scam: ED moves SC challenging Bombay HC order giving relief to Wadhawans

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The ED has moved SC challenging Bombay HC order giving relief to the Wadhawans in PMC Bank case. Bombay High Court on Wednesday appointed a three-member committee headed by retired Judge S Radhakrishnan to expeditiously recover dues payable by Housing Development Infrastructure Limited (HDIL) to crisis-hit PMC Bank by valuation and sale of encumbered assets of HDIL.

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