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Supreme Court closes contempt case against Patanjali Ayurved, co-founders

Business Standard LogoBusiness Standard8h ago

Supreme Court closes contempt case against Patanjali Ayurved, co-founders - Business Standard

Quick Summary:

A bench of Justices Hima Kohli and Ahsanuddin Amanullah, which had reserved orders on May 14, said that proceedings are being closed, accepting the apology tendered by the parties after they took steps to rectify their mistake.

The court said it would reopen the proceedings if the parties do anything in the future in violation of the court orders, Justice Kohli said.

And on December 4, the unlisted firm in which Balkrishna holds about a 94 per cent stake, issued a similar advertisement.It irked the apex court.


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Category: BusinessFinance

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Published On: 2024-08-13 @ 19:12:40 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 19 lines

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Copyright Owner: © Business Standard

News ID: 22065402

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