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ED moves SC against HC order quashing probe against Indiabulls
short by Ashley Paul / on Monday, 10 October, 2022
Enforcement Directorate (ED) has moved the Supreme Court (SC) to challenge the Delhi High Court's (HC) order quashing a probe against home finance firm Indiabulls. According to ED, Indiabulls loaned money to entities to increase its stocks' market price. The Delhi HC had quashed the ED probe against Indiabulls and held that no coercive action be taken against the firm.
read more at Moneycontrol