Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher. A criminal writ petition filed on Monday in India’s Supreme Court, alleging that about 980 billion rupees ($14 billion) had.
· 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the petitioner, who had filed a plea in Supreme Court alleging misappropriation of Rs 98,000 crore by the company, has withdrawn the writ petition.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 and
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Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging. the mortgage lender has been withdrawn, sending shares nearly 8.
· In a relief to Indiabulls Housing Finance, the petitioner has withdrawn the case alleging misappropriation of funds from the Supreme Court. “Abhay Yadav, the petitioner, has withdrawn the writ.
BENGALURU Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8%.
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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the petitioner, who had filed a plea in Supreme Court alleging misappropriation of Rs 98,000 crore by the company, has withdrawn the writ petition.A day earlier, the vacation bench of Justices Indira
· Financial services company Indiabulls Housing Finance Limited on Thursday announced that a writ petition filed against it in the Supreme Court, alleging misappropriation of Rs 98,000 crore of public money, had been withdrawn. The petition, which had been filed on Monday, had been described by Indiabulls as “bizarre”.
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Indiabulls Housing Finance shares soar after writ petition alleging financial misdeeds against company withdrawn Business Press Trust of India Jun 13, 2019 15:43:52 IST Mumbai: In a big relief to Indiabulls Housing Finance, the petitioner who had approached the Supreme Court alleging misappropriation of funds, has withdrawn the same on Thursday.
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