Supreme Court of India · 2005-05-04
Arvind Mohan Johari And Anr vs State Of U.P. And Anr
- Citation / case number
- AIRONLINE 2005 SC 642
- Court
- Supreme Court of India
- Petitioner
- Arvind Mohan Johari And Anr
- Respondent
- State Of U.P. And Anr
- Bench
- N. Santosh Hegde, D.M. Dharmadhikari, S.B. Sinha
Judgment text excerpt
The Supreme Court addressed the clarification and recall of its earlier order regarding the deposit of funds by the Appellants in Criminal Appeal Nos. 1265-66 of 2004. The Court noted the winding up of M/s Century Consultants Ltd. and the failure of the company to meet its financial obligations to the Bombay Stock Exchange. The Court held that the Appellants could sell their assets to pay depositors, but emphasized the need for accurate representation of their financial status, particularly concerning the amounts held by the Stock Exchanges.