Delhi HC intervenes for release of 73.59% Jindal India shares pledged with banks

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Delhi HC intervenes for release of 73.59% Jindal India shares pledged with banks The court directed Jindal India Thermal Power's lenders to work out the modalities for transferring 10% of its equity among themselves and releasing 64% of the pledged shares to the company.It also instructed the banks to upgrade Jindal India's account to standard from non-performing asset