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Delhi High Court Issues Notices to IBHFL, RBI, SEBI Over Fraud Probe - (30 Sep 2019)

CIVIL

Delhi High Court has issued notices to Indiabulls Housing Finance Ltd (IBHFL), Securities and Exchange Board of India (SEBI), the Reserve Bank of India (RBI) and other Respondents in a public interest litigation seeking a probe into the mortgage lender. The PIL seeks “an in-depth, thorough and time-bound investigation" by a special investigation team, alleging serious illegalities, violations and siphoning committed by the promoters of IBHFL, its subsidiaries and their promoters.

Tags : DELHI HIGH COURT   SEBI  

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