Supreme Court · 2023 INSC 320 · Decided 29 March 2023
Pinak Pani Mohanty v. Union of India and ORS.
- Court
- Supreme Court of India
- Citation
- 2023 INSC 320 · [2023] 3 S.C.R. 778
- Case number
- WRIT PETITION (CIVIL) No. 191/2022
- Decided
- 29 March 2023
- Bench
- M.R. SHAH, C.T. RAVIKUMAR (2-judge bench)
- Outcome
- Disposed off
- Case type
- Writ / Constitutional
- Acts & sections cited
- Constitution Article 32
Headnote
Directions - Union of India, sought directions to transfer an amount of Rs. 5,000 crores out of unutilized amount of Rs. 23,937 crores (lying in "Sahara-SEBI Refund Account) to be disbursed against the legitimate dues of depositors of Sahara - Held: The amount lying in the "Sahara- SEBI Refund Account" is unutilized and the genuine depositors of the Sahara Group of Cooperative Societies are entitled to get back their money, the prayer in application is reasonable and in the larger public interest/interest of the
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