Hon’ble High Court, Delhi sanctions Scheme of Arrangement of Indiabulls Financial

Indiabulls Financial Services Ltd has announced that the Hon’ble High Court of Delhi at New Delhi vide its order dated December 06, 2006, has sanctioned the Scheme of Arrangement between the Company, Indiabulls Real Estate Ltd and their respective shareholders and creditors for the demerger of the real estate undertaking of the Company to Indiabulls Real Estate Ltd.

Source : Equity Bulls

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