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Emaar alleges 'fraud'; issues warning against ex-partner MGF


Emaar alleges fraud ; issues warning against ex-partner MGF
Both companies said their joint venture Emaar MGF Land is going through insolvency proceedings at NCLT. Its outcome is going to have a direct bearing on land concerned
BusinessToday.In | January 19, 2021 | Updated 15:32 IST
Emaar India Ltd (EIL), the Indian unit of Dubai-based Emaar Properties PJSC, in a public notice issued on Monday, warned people against dealing with its former partner MGF Group regarding 4.8 acre land in Okhla area of Delhi. The public notice has been issued jointly by Emaar properties PJSC, Emaar holding and Emaar India Limited (previously Emaar MGF land Limited). ....

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