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indiabulls housing finance, the petitioner who had approached the Supreme Court alleging misappropriation of funds, has withdrawn the same Thursday, the company said. The petition now withdrawn had alleged that the company had misappropriated Rs 98,000 crore of public money, a claim which was termed as “frivolous and bizarre” by the company, which had sought.

Indiabulls Housing Finance shares increased nearly 8 per cent higher. Bengaluru: Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender.

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Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.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

Indiabulls Housing Finance soars after writ petition withdrawn. Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been.

BENGALURU, June 13 (Reuters) – 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Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8%.

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Indiabulls Housing Finance on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares over 10 per cent higher. A criminal writ.

Indiabulls Housing Finance soars after writ petition withdrawn. BENGALURU, June 13 Indiabulls Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage.

The news of the withdrawal of the petition sent the Indiabulls Housing Finance scrips soaring up to 9 per cent after the shares tanked by 8 per cent on Tuesday. In a big relief to Indiabulls Housing Finance, the petitioner who had approached the Supreme Court alleging misappropriation of funds, withdrew the plea on Thursday..

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BENGALURU (Reuters) – 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Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.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 ( billion) had been siphoned out of.

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