"Abhay Yadav, the petitioner, has withdrawn the writ petition in Supreme Court," Indiabulls Housing Finance said in a release on Thursday. The petition had alleged that the company had.
Indiabulls Housing Finance Ltd shares plunged nearly 10% in intra-day trade on Friday, i.e. 6 September, after reports surfaced that a public interest litigation (PIL) has been filed against the company and its promoters in the delhi high court alleging siphoning-off of funds.
NEW DELHI: Shares of Indiabulls Housing Finance soared 11 per cent in Thursday’s trade in a knee-jerk reaction to the announcement that Abhay Yadav, who had filed a petition against promoter Sameer Gehlaut and the company over alleged fund misappropriation, has withdrawn his case in the Supreme Court.
Indiabulls petitioners withdraw from SC amid hints of criminal conspiracy.. NEW DELHI: 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.
The news of the withdrawal of the petition sent the Indiabulls Housing Finance. company said in a statement. “I now realise that such papers, affidavits, applications etc were signed by me have.
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court (sc) against Indiabulls Housing Finance and its group chairman Sameer Gehlaut by shareholder Abhay Yadav has been withdrawn, the company said on Thursday.
Petitioner apologises, withdraws complaint against Indiabulls Housing finance Mumbai (Maharashtra) [India], June 13 (ANI): Indiabulls Housing Finance said on Thursday the petitioner, who had filed.
** Shares of mortgage lender indiabulls housing finance Ltd fall as much as 8.58% to 671.25 rupees after a writ was filed on Monday in India’s Supreme Court against Chairman Sameer Gehlaut for. Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender has been withdrawn, sending.
NEW DELHI: 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.
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Indiabulls Housing Finance, the petitioner who had approached the Supreme Court alleging misappropriation of funds, has withdrawn the same on Thursday, the company said.
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