Wednesday, March 28, 2012

HC seeks RBI views on silver bricks

Orissa High Court has issued notices to the Reserve Bank of India (RBI) soliciting its views on a petition seeking to auction all the 522 silver bricks, worth over Rs 80 crore, retrieved from a mutt in Puri last year. Justice M M Das yesterday issued notices to RBI and fixed the next date of hearing of the case on April 30. The notice followed a petition filed by the Emar Mutt pleading the High Court to direct the RBI to auction sale the silver bricks and to keep the proceeds with the RBI until their ownership was decided…………….

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