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Investor Interest
SC uphelds conviction of Uco Bank officials and Ashwin Mehta in 1992 scam

13 August 2009 To bookmark you need to sign in  0
The Supreme Court, while upholding the Special Court's verdict in the 1992 securities scam, sentenced Uco Bank's former chairman and managing director and general manager to imprisonment.

A bench headed by Justive SB Sinha also sentenced Ashwin and Sudhir Mehta to rigorous imprisonment (RI) for one month and a fine of Rs100,000, each.

While the SC upheld 6 months RI sentence and...
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