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Rs 4,100 cr UP PF scam: DHFL refers to HC order for stalled repayment

The company claims it had made provisions in cash flow for maturing fixed deposits

Topics
DHFL | Provident Fund | Uttar Pradesh govt

Virendra Singh Rawat  |  Lucknow 



DHFL

Amid the controversy on the alleged unauthorised investment of (PF) corpus of Uttar Pradesh Power Corporation (UPPCL), employees in Dewan Housing Finance Corporation (DHFL), asserted it had already made provisions in cash flows for payment of fixed deposits maturing in December 2019. However, underlined that the Bombay High Court had passed an order restraining the company from making payments to any of its secured/unsecured creditors, including fixed deposits.

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First Published: Fri, November 08 2019. 19:49 IST

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