Serious issues with IHFL's financial transactions: ED to Supreme Court
The ED has flagged serious financial irregularities at Indiabulls Housing Finance (now Sammaan Capital), while an NGO alleges the Ministry of Corporate Affairs condoned governance violations despite SEBI's adverse reports. The Supreme Court has summoned an MCA officer with original files to examine the ministry's leniency in corporate governance issues.
The ED has flagged serious financial irregularities at Indiabulls Housing Finance (now Sammaan Capital), while an NGO alleges the Ministry of Corporate Affairs condoned governance violations despite SEBI's adverse reports. The Supreme Court has summoned an MCA officer with original files to examine the ministry's leniency in corporate governance issues. What's Your Reaction?
