![[Breaking] PMC Bank Crisis: Bombay HC appoints 3-member committee chaired by former HC Judge S Radhakrishnan for speedy disposal of HDIL assets](http://media.assettype.com/barandbench%2F2020-01%2F692b13fe-d4b3-4b98-a611-2bd701d712bd%2FPMC_Bank__Bombay_HC.jpg?rect=197%2C0%2C1109%2C624&w=480&auto=format%2Ccompress&fit=max)
The Bombay High Court on Wednesday appointed a three-member committee headed by retired High Court Judge, S Radhakrishnan for the speedy disposal and auction of Housing Development and Infrastructure Limited (HDIL) assets and the distribution of such proceeds on priority to the crisis-hit Punjab and Maharashtra Cooperative Bank (PMC Bank) depositors.