1. The excellent phrases loans from Sure Financial institution to Indiabulls Housing Finance are Zero.
2. The excellent time period loans from Sure Financial institution to promoter of Indiabulls Housing Finance or any of his promoter corporations / members of the family corporations are Zero.
The misinformation marketing campaign on Indiabulls Housing Finance is being orchestrated by the blackmailing and extortion gang who now we have been coping with for previous one 12 months, few members of this gang are in jail and few are absconding. We’re in technique of taking authorized motion on numerous media platforms that the gang is abusing to unfold misinformation about Indiabulls Housing Finance.
Whereas dismissing the appliance of Kislay Panday, a Proclaimed Offender and the mastermind of varied PILs in several courts towards Indiabulls Housing Finance and the chief of blackmailing gang, the Honorable Excessive Courtroom order quoted in its order dated 27-2-2020:
Due to this fact, wanting into the allegations of blackmailing and extortion of cash from the complainant, I don’t discover that from the naked perusal of the FIR it may be quashed. Even on the stage when the petition was filed, non bailable warrants have been issued towards the petitioner. The anticipatory bail of the petitioner was dismissed by the trial Courtroom and thereafter the petitioner traveled overseas and by no means returned again.
SGX – Singapore Change Restricted revealed this content material on 15 March 2020 and is solely liable for the knowledge contained therein. Distributed by Public, unedited and unaltered, on 15 March 2020 13:11:01 UTC