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Indiabulls Housing Finance shares rise 8%, writ petition withdrawn

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Indiabulls Housing Finance shares soar after writ petition alleging financial misdeeds against company withdrawn Business Press Trust of India Jun 13, 2019 15:43:52 IST Mumbai: In a big relief to Indiabulls Housing Finance, the petitioner who had approached the Supreme Court alleging misappropriation of funds, has withdrawn the same on Thursday.

BENGALURU, June 13 (Reuters) – Indiabulls Housing Finance Ltd INBF.NS on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.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 been siphoned out of the company by senior officials using a.

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The Board of Finance meets on March 10. 1991 and the first instalment of a sum of Rs 4,745 comprising Rs 205 as late fee on June 8, 1994 at the direction of chandigarh housing board. Mr Sukhdev.

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Indiabulls shares rise as Yadav takes back petition. NEW DELHI: Shares of Indiabulls Housing Finance soared 11 per cent in Thursday’s trade in a knee-jerk reaction to the announcement that.

Indiabulls Housing Finance on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.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.

Abhay Yadav, the petitioner today has withdrawn the Writ petition in Supreme court. Press Release: Writ petition files against Indiabulls Housing Finance Limited. Indiabulls Housing Finance Limited announces an increase of 20 basis points in Home. Indiabulls Finance Centre, Indiabulls House, Tower 01, 8th Floor,

The board of Lakshmi Vilas Bank had approved the merger with Indiabulls Housing Finance in which shareholders of the bank will get 14 shares of Indiabulls Housing Finance for every 100 shares they.

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Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.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

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Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender has been withdrawn, sending shares nearly 8 percent higher. A criminal writ petition filed on Monday in Supreme Court alleged that about Rs 98,000 crore had been siphoned out of the company by senior officials using a web of.

The board of Lakshmi Vilas Bank had approved the merger with Indiabulls Housing Finance in which shareholders of the bank will get 14 shares of Indiabulls Housing Finance for every 100 shares they.