The accused is on board of Jillian India and has emerged as chief plotter of the whole racket of incorporating a large number of shell companies with Chinese links in country
The top court has also clarified that this decision will not impact the writ petition in the matter pending before the Delhi High Court, nor any other petitions filed by Sahara group companies.
Uncertainty over its merger with Lakshmi Vilas Bank and allegations of impropriety against promoters saw Indiabulls Housing Finance stock tank big time.
