Tag: HDIL

August 27, 2020

PMC Bank fraud: Bombay HC directs jail authorities to get Rakesh Wadhawan admitted to KEM Hospital in 48 hours

By  Bombay High Court  0 Comments
Source:-hindustantimes The Bombay high court (HC) on Tuesday refused the request to transfer Housing Development and Infrastructure Limited (HDIL) promoter Rakesh Kumar Wadhawan to a private hospital. Instead, the superintendent of Arthur Road Jail has been directed to send Wadhawan to KEM Hospital within 48 hours. Wadhawan is an accused in the case of fraud
Read More
October 4, 2019

HDIL promoters arrested in PMC Bank loan fiasco

By  Indian Penal Code  0 Comments
Source: thehindubusinessline.com The Economic Offences Wing of the Mumbai Police, on Thursday, arrested Sarang Wadhawan and Rakesh Wadhawan, promoters of Housing Development Infrastructure Limited, in connection with the PMC Bank fiasco. The authorities have also frozen fixed assets worth â‚¹3,500 crore of the Wadhawans, according to police officials involved in the case. This comes even as
Read More