SC stays Bombay HC order directing sale of HDIL assets to repay dues of PMC bank

The top court also issued notice on RBI's plea to parties, including Sarosh Damania, who had approached the Bombay high court for ensuring payment of dues to PMC Bank account holders. Earlier, the Bombay high court had set up a three-member committee for valuating and sale of encumbered assets of HDIL to expeditiously recover dues payable by the firm to PMC Bank.