Indiabulls Housing Finance shares rise 8%, writ petition withdrawn

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Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8%.

Indiabulls Housing Finance shares soar after writ petition alleging financial misdeeds against company withdrawn Business Press Trust of India Jun 13, 2019 15:43:52 IST Mumbai: In a big relief to Indiabulls Housing Finance, the petitioner who had approached the supreme court alleging misappropriation of funds, has withdrawn the same on Thursday.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: 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Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.

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Indiabulls Housing Finance shares rise 8%, writ petition withdrawn The petitioner admitted in court that the petition was defective in nature and he would approach the court after rectifying it.A criminal writ petition filed in the Supreme Court on Monday alleged that 98000 crore had been siphoned out of the firm by senior officials using a.

Indiabulls Housing Finance shares rise 8%, writ petition withdrawn The petitioner admitted in court that the petition was defective in nature and he would approach the court after rectifying it.A criminal writ petition filed in the Supreme Court on Monday alleged that 98000 crore had been siphoned out of the firm by senior officials using a.

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..

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Housing Finance Ltd on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.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

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Housing Finance on Thursday said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.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

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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 nearly 8% higher. A criminal writ petition.

Indiabulls Housing Finance soars after writ petition withdrawn reuters.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