Axis, StanC CEOs get NCLT contempt notices

The Mumbai bench of NCLT issued contempt notices to Axis Bank CEO Amitabh Chaudhry, Standard Chartered Bank India CEO Zarin Daruwala and Bawa after the corporate affairs ministry alleged that the banks facilitated Bawa to withdraw/transfer money from their accounts to his wife Ashakiran and daughter Akansha, apart from letting him access the lockers.

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