Mumbai Notes

The company had argued that a provisional liquidator had already been appointed by the High Court in another proceeding, SEBI said.

Drug peddler arrested

The narcotics cell of the Mumbai police have arrested a drug-peddler from Mahalaxmi area on Monday.

Following the tip-off that in a hutment near Dhobi Ghat some contraband was stored for delivery, the police officers from the narcotics cell laid at a trap around the hutment. The police party succeeded in arresting one Nizamuddin Ansari with 2 kgs of brown sugar worth Rs 4 lakh.