High Court of Bombay Issues Show Cause Notice and Considers Contempt Action Against Insolvent for Undisclosed Bank Transactions Under Presidency Towns Insolvency Act, 1909. Allegations of Non-Disclosure of Bank Accounts and Transactions Post-Adjudication Examined Under Section 33(4) of the Act....
The matter arises from insolvency proceedings against Pallav Sheth, who was notified under Section 3(2) of the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 on 6 O...




