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politics

SC Asks Nimmagadda Prasad To Deposit Rs 200 Cr In UAE RAKIA Decree Case

The Supreme Court directed Hyderabad-based industrialist Nimmagadda Prasad and four firms to deposit with its registry an additional security of Rs 2...

By Dhallo News · September 2, 2026 at 5:21 PM IST

The Supreme Court directed Hyderabad-based industrialist Nimmagadda Prasad and four firms to deposit with its registry an additional security of Rs 200 crore within two weeks in a case related to enforcement of a UAE court decree of nearly Rs 950 crore in favour of Ras Al Khaimah Investment Authority (RAKIA).

SOURCE: Deccan Chronicle Politics
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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