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Bombay HC quashes Jawahar Talkies land auction on Srei petition

Dated on: Sunday 26th March 2023

Following a petition filed by non-banking financial institution Srei Equipment Finance, the Bombay High Court on Thursday set aside the public auction of Jawahar Talkies Complex, a 0.65-acre property in Mumbai's central district of Mulund. Two Srei enterprises, which are part of the Kolkata-based infrastructure financing group, are in administration.

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