While so, the appellant produced copies of various orders passed earlier, be it by the Securities Appellate Tribunal or by this Court, directing the sale proceeds, which ultimately aggregated to 38.52 crore, to be placed in bank fixed deposits so as to garner a higher rate of interest. In that view of the matter, the final order dated 09.05.2023 passed in Criminal Appeal No 1434 of 2023 shall stand modified by substituting para 21 therein as under: “21.
Also Read: https://newslaw.in/supreme-court/dismissal-of-special-leave-petition-and-remand-order/
Case Title: M/S. JERMYN CAPITAL LLC DUBAI Vs. CENTRAL BUREAU OF INVESTIGATION (2023 INSC 547)
Case Number: MA-001278 / 2023
