NCLT dismisses lawsuit demanding probe into affairs of Indiabulls Housing
Wed, Feb 14, 2024 9:11 AM

NCLT dismisses lawsuit demanding probe into affairs of Indiabulls Housing

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NCLT dismisses Supertech Realtors' lawsuit against Indiabulls Housing Finance, which alleged that the latter illegally deducted excess sums of money from its loan account. They accused Indiabulls of fraud and claimed it would affect its ability to deliver flats to customers. RBI stated that this was a bilateral matter between the companies and that their contractual obligations should be honored.

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