Tag: HDIL

Source:-hindustantimes The Bombay high court (HC) on Tuesday refused the request to transfer Housing Development and Infrastructure Limited (HDIL) promoter Rakesh Kumar Wadhawan to a private hospital. Instead, the superintendent of Arthur Road Jail has been directed to send Wadhawan to KEM Hospital within 48 hours. Wadhawan is an accused in the case of fraud

Source: thehindubusinessline.com The Economic Offences Wing of the Mumbai Police, on Thursday, arrested Sarang Wadhawan and Rakesh Wadhawan, promoters of Housing Development Infrastructure Limited, in connection with the PMC Bank fiasco. The authorities have also frozen fixed assets worth ₹3,500 crore of the Wadhawans, according to police officials involved in the case. This comes even as