The deadline for depositing Rs 2,000 crore is November 5. Till then the court has restrained company directors from travelling abroad. After that the parent company sought court nod to hive off the expressway it operates on a BOT basis to a Singaporean company to raise the money. As did the AG “This asset is already mortgaged to the financial institutions,” he said. The claim was backed by the Yamuna expressway Authority which said that the asset reverts back to the state after 36 years and it was not open to the idea.

Source: Economic Times October 25, 2017 19:07 UTC