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Indiabulls case: SC to decide on listing the matter

Indiabulls case: SC to decide on listing the matter

New Delhi, June 12 (IANS) Indiabulls Housing Finance Ltd on Wednesday moved the Supreme Court complaining that the company is facing loss in share value arising from press reports following a plea filed in the court by a milk vendor, who holds a total of only four shares.

Urging the apex court to take up the matter urgently, the company alleged that it is being blackmailed through the use of a novel technique.

Appearing for the company, Senior Advocate Abhishek Singhvi said the milk vendor's plea had already caused a huge loss to the firm.

 

The court will decide on the listing of the matter later in the day.

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Indiabulls case: SC to decide on listing the matter

About Gopi Adusumilli

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources. When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any. He can be reached at gopi@socialnews.xyz

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