The Government has taken note of the Supreme Court's observations, and promised to take action against the Pune-based stud-farm owner, Mr Hasan Ali Khan, who is facing charges of stashing money in tax havens.

The Finance Minister, Mr Pranab Mukherjee, said on the sidelines of a CII event: “That is being taken care of. We have noted the observations of the Supreme Court. All appropriate action will be taken.”

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