SME Times News Bureau | 12 Jun, 2019
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.
