Indiabulls Housing Finance shares rise 8%, writ petition withdrawn

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Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.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

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Indiabulls Housing Finance Ltd. today said that Abhay Yadav, the petitioner who alleged that the company and its Chairman Sameer Gehlaut misappropriated funds, withdrew his writ petition from the.

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Indiabulls Housing Finance shares soar after writ petition alleging financial misdeeds against company withdrawn Business Press Trust of India Jun 13, 2019 15:43:52 IST The petition now withdrawn had alleged that the company had misappropriated Rs 98,000 crore of public money

Indiabulls Housing Finance also took a knock recently, after a petition was filed (and subsequently withdrawn) alleging misappropriation. There has been a significant rise in the share of.

On the other hand, S&P BSE Finance Index was top gainer, up 0.3 per cent. Mid- and small-cap shares. indiabulls housing Finance jumped 12 per cent to end at Rs 695 after a writ petition alleging.

Indiabulls Housing Finance shares rise 8%, writ petition withdrawn Shares of Indiabulls Housing Finance surged 8% after falling 5% intraday. The company said that the writ petition filed in the Supreme Court against company and Sameer Gehlaut has been withdrawn.

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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.

The top gainers on the 30-share index. In a relief to Indiabulls Housing Finance, the petitioner has withdrawn the case alleging misappropriation of funds from the Supreme Court. “Abhay Yadav, the.

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