 "Perturbed by Thursday's order, the CJI said there were hundreds of matters listed in the Supreme Court daily and if the orders were passed like this, then the SC cannot function")
The Supreme Court on Wednesday directed 13 directors, including five promoters of embattled Jaiprakash Associate Limited (JAL), not to alienate their personal properties and asked the firm to deposit Rs 150 crore and Rs 125 crore by December 14 and December 31, respectively.
A Bench, comprising Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud, accepted a demand draft of Rs 275 crore by the real estate firm.
The Bench further restrained the directors from alienating the properties of their immediate family members and cautioned any violation of its directive would hold them liable for
