ANI
17 Mar 2023, 00:55 GMT+10
New Delhi [India] March 16 (ANI): The Supreme Court on Thursday stayed the Bombay High Court order which granted permission to UIL chairperson of Suman Vijay Gupta to travel abroad on the undertaking.
Gupta renounced her citizenship of India and acquired the citizenship of the Republic of Dominica after UIL after declaring UIL a non-performing asset (NPA).
A bench of Chief Justice of India DY Chandrachud and Justice PS Narasimha stayed the Bombay High Court order and issued notice to Suman Vijay Gupta and others.
The court was hearing the State Bank of India's plea against the Bombay High Court order dated March 10 and March 14.
The Solicitor General Tushar Mehta submitted that Suman Gupta, the woman who took up the citizenship of the Dominican Republic after the declaration of her account as NPA, has been permitted to travel by the impugned orders dated March 10, 2023 and March 14 2023 of a Division Bench of Bombay High Court.
He further submitted that this order was passed despite a contrary view which was taken on July 3, 2020 by a coordinate Division Bench of the High Court.
Earlier a Look Out Circular (LOC) was issued against Suman Gupta before she was to fly to Dubai from Mumbai airport in 2020. (ANI)
Get a daily dose of Haiti Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Haiti Sun.
More InformationWASHINGTON D.C.: The US government has reported that the exceptionally wet winter in California this year will offer relief from ...
FRANKFURT, GERMANY: Authorities said that as part of a crackdown on gangs suspected of blowing up ATM machines and stealing ...
BERLIN, Germany: Germany will send a cabinet minister to visit Taiwan next week, at a time when Berlin is reviewing ...
ZURICH, Switzerland - Depositors will be fully protected, shareholders will have their equity dwarfed, while bond holders will be largely ...
ATLANTA, Georgia: Data from the Centers for Disease Control and Prevention released this week showed that in 2021 during the ...
SAN FRANCISCO, California: Demands by environmentalists have resulted in the passing of rules in which natural gas-powered furnaces and water ...
NEW YORK, New York - U.S. stocks rallied on Monday following the weekend buy-in of Credit Suisse by UBS, which ...
WASHINGTON D.C.: The US Federal Reserve Bank has announced that cash-strapped banks throughout the US borrowed some $300 billion during ...
BEIJING, China: Following the inability of China Huarong Asset Management Co Ltd to release financial reporting obligations in 2020, China ...
ZURICH, Switzerland - Depositors will be fully protected, shareholders will have their equity dwarfed, while bond holders will be largely ...
HANOI, Vietnam: SpaceX, Netflix and Boeing will join what is described as the "biggest-ever" U.S. business mission to meet in ...
TAIPEI, Taiwan: Reuters reported that after winning an order to manufacture wireless AirPods earphones for Apple for the first time, ...