Troubled home financier Dewan Housing Finance Ltd (DHFL) has sought the Bombay High Courts intervention to discharge its name and drop proceedings against it in an ongoing investigation by the Central Bureau of Investigation (CBI).
DHFL has argued that since it had been taken over by Piramal Capital & Housing Finance Ltd, it should be absolved from all earlier liabilities.
The company has challenged a special Central Bureau of Investigation (CBI) court order of August 20, which had given partial relief by discharging the interim monitoring committee but had rejected DHFLs prayer to discharge it from the case.
DHFL said once a company gets admitted under the Corporate Insolvency Resolution Process (CIRP) under Section 32 (A) of the Insolven…
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