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Top News In Omkara Assets Today - Breaking & Trending Today

EOW registers fraud case against Chinar group Director

Chinar Group director Sunil Moolchandani has been booked by EOW in a fraud case. He is accused of defrauding Dewan Housing Finance Limited (DHFL) of Rs 100 crore.

 The operators of Chinar Group had mortgaged the properties by taking a loan of Rs 100 crore from DHFL for the Chinar Dream City ....

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Piramal Group: Piramal can get back 75% at least of Rs 600-cr loan

Piramal plans to conduct a Swiss Challenge on the initial offer and will make an announcement soon. Previously, HDFC had sold a real estate developer portfolio, including Tridhaatu Realty, to Assets Care and Reconstruction Enterprise (ACRE) ARC. ....

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SC denies IBC relief to personal guarantors

"IBC cannot be held to be operating in a retroactive manner in order to hold it violative of the constitution," it said. "Thus, we hold that the statute does not suffer from the vices of manifest arbitrariness." ....

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