The Delhi civic body claimed that MEP Infra started delaying remittances to South Delhi Municipal Corporation (SDMC) for which penalties were imposed from time to time.
The Securities Appellate Tribunal dismissed the challenge to Tamilnad Mercantile Bank Ltd.'s initial public offer on Friday.
Six shareholders of the bank Robert and Ardis James Co., East River Holdings, Swiss Re Investors (Mauritius), Kamehameha Mauritius, Cuna Group (Mauritius), and FI Investments had approached the SAT with a plea to injunct the IPO.
Madras High Court directed Tamil Nadu government not to take any decision on melting of temple gold as part of the recently announced Gold Monetisation Scheme until temple Trustees are appointed
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