Indiabulls Housing falls after writ filed against chairman; company says allegation ‘bizarre’

Indiabulls Housing Finance shares soar after writ petition alleging financial misdeeds against company withdrawn Business Press Trust of India Jun 13, 2019 15:43:52 IST Mumbai: In a big relief to Indiabulls Housing Finance, the petitioner who had approached the Supreme Court alleging misappropriation of funds, has withdrawn the same on Thursday.

In a statement earlier, IHFL has described the allegations against its Chairman Sameer Gehlaut and other directors as "bizzare" and designed to malign the reputation of the company. The statement came after a plea was filed in the apex court on Monday seeking legal action against Indiabulls, Gehlaut and the other directors for alleged.

Read more about SC raps petitioner for defective plea against Indiabulls on Business Standard. The Supreme Court on Wednesday pulled up for filing a defective application a petitioner, Abhay Yadav, who has alleged that Indiabulls Housing Finance Ltd (IHFL) misappropriated Rs 98,000 crore of public money.

 · when all the subject secured assets are located outside its territorial limits and within the State of Chattisgarh, has been put in issue. The DRT, Hyderabad lacks territorial jurisdiction to entertain all the three S.As i.e., S.A.Nos.759 and 760 of 2013 and SAIR No.442 of 2014.

In a statement earlier, IHFL has described the allegations against its Chairman Sameer Gehlaut and other directors as "bizzare" and designed to malign the reputation of the company. The statement came after a plea was filed in the apex court on Monday seeking legal action against Indiabulls, Gehlaut and the other directors for alleged.

She wants to put her house on stilts. The idea could save Miami’s flood-prone homes. The house was fine as we boarded up the air bricks and laid sandbags,’ she says. But the office is at a lower level. I wish I had built it on stilts.’ Marion had to move all her equipment. it.31 This website contacted 24 ips in 4 countries across 17 domains to perform 103 http transactions. The main IP is 157.112.176.9, located in Osaka, Japan and belongs to SAKURA-C SAKURA Internet Inc., JP.The main domain is matomesakura.com.

India Business Standard: Read more about Allegation of siphoning-off Rs 98,000 cr ‘bizarre’: Indiabulls Housing Finance on Business Standard. Refuting charges of misappropriation of around Rs 98,000 crore by its Chairman Sameer Gehlaut and other directors, Indiabulls Housing Finance late on Monday evening said that the allegation is bizzare and is meant to malign the reputation of the.

A plea was filed in the supreme court monday seeking legal action against Indiabulls housing finance limited (ihfl), its Chairman and directors for alleged misappropriation of Rs 98,000 crore of.

The rupee appreciated by 21 paise to 69.44 against the US dollar in opening trade on Tuesday, Indiabulls Housing falls after writ filed against chairman; company says allegation ‘bizarre’ thehindubusinessline.com – Reuters.

The red flags bankers see If lenders don't like what they see, you'll be rejected – or approved, but with. Everyone knows the big red flags of credit reports, such as bankruptcy, But those aren't the only financial mishaps that make banks uneasy.Many regional housing markets booming despite London woe, say agents Hometrack: Regional cities to boom while London realigns Property analysts Hometrack say london house prices typically reached a record of 14-and-a-half times earnings in October.