Indiabulls Housing Finance Says Petition Against Company, Chairman Gehlaut Withdrawn

Mumbai (Maharashtra) [India], june 13 (ani): indiabulls housing finance said on Thursday the petitioner, who had filed a plea in Supreme Court alleging misappropriation of Rs 98,000 crore by the company, has withdrawn the writ petition. A day earlier, the vacation bench of Justices Indira Banerjee.

The writ petition filed in the Supreme Court (SC) against Indiabulls Housing Finance and its group chairman Sameer Gehlaut by shareholder Abhay Yadav has been withdrawn, the company said on Thursday.

Mumbai | In a big relief to Indiabulls Housing Finance, the petitioner who had approached the Supreme Court alleging misappropriation of funds, has withdrawn the same Thursday, the company said. The petition now withdrawn had alleged that the company had misappropriated Rs 98,000 crore of public money, a claim which was termed as "frivolous and bizarre" by the company, which had sought.

The bank in a regulatory filing said the state government is taking a host of steps including splitting the post of chairman and managing director with a view to improve transparency, governance,

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The Indiabulls Housing Finance Ltd (IHFL) on Wednesday moved the Supreme Court, seeking urgent listing of a plea filed against it in which it has been alleged that the company misappropriated Rs.

Read more about Petitioner apologises, withdraws complaint against Indiabulls Housing finance on Business Standard. Indiabulls Housing Finance said on Thursday the petitioner, who had filed a plea in Supreme Court alleging misappropriation of Rs 98,000 crore by the company, has withdrawn the writ petition.A day earlier, the vacation bench of Justices Indira

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Read more about indiabulls petitioners withdraw from SC amid hints of criminal conspiracy on Business Standard. Indiabulls Housing Finance Ltd. said on THursday that Abhay Yadav, the petitioner who alleged that the company and its Chairman Sameer Gehlaut misappropriated funds, withdrew his writ petition from the Supreme Court.

A plea was filed in the Supreme Court by abhay yadav seeking legal action against IBHFL, its Chairman and directors for alleged. where small businesses were provided loans of up Rs 10 lakh. The.

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