Hat Tip: Divyeshbhai
At 2:37 pm today, Jawahar Goel of the Essel Group came on TV to issue a clarification.
Zee TV was down around 20% then.
The clarification helped the markets in ways the Promoter didn’t understand.
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What a Clarification, Sirjee
One reply on “What a Clarification, Sirjee”
To my knowledge, most Banks had restricted the deposit of cash into any account by someone other than the account holder himself except while carrying a valid letter/authorisation to deposit such amount in other person/entity’s account.
Even the very fact that distributors have been allowed to deposit cash in the account of ZEEL as a regular practice is also wrong, unlawful and a case of PMLA.