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Court asks Wadhawans for their say in property auction

Police officer says defaulters already issued a statement saying 'no objection' to their property being auctioned

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A protest was held against the PMC scam at Fort last week. File pic

A protest was held against the PMC scam at Fort last week. File pic

In some relief for Punjab and Maharashtra Co-operative (PMC) Bank depositors, the local magistrate court on Wednesday issued notice to the Wadhawans asking for their say in the matter of auctioning their perishable property.

However, a police officer said, "The Wadhawans have already issued an official statement saying they had no objection if their property attached was auctioned." The court issued the notice based on an application moved by the Economic Offences Wing (EOW) regarding the auction.

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