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Bombay HC Sentences Rajen and Hiren Dhruv to Civil Imprisonment for Failure to Repay Loan - (25 Mar 2022)

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Bombay High Court has sentenced Rajen and Hiren Dhruv, partners of realty development company Orbit Ventures, to 180 days of civil imprisonment for not complying with its direction on a loan repayment to Axis Finance. The Court has suspended the sentence awarded to them for now, after the brothers promised to make the payment under revised consent terms.

Tags : BOMBAY HIGH COURT   RAJEN AND HIREN DHRUV  

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