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Stopped payment to creditors following Bombay High Court orders: DHFL

This clarification has come a day after Congress General Secretary Priyanka Gandhi termed the company a defaulter

DHFL
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Press Trust of India New Delhi
Debt-ridden mortgage firm DHFL on Sunday said it has stopped payment to its creditors, including fixed deposit holders, following the direction of Bombay High Court.

This clarification has come a day after Congress General Secretary Priyanka Gandhi termed the company a defaulter and slammed the UP government for investing the employee provident fund money in such a firm.

She wondered whose interest was being served by investing Rs 2,000 crore of the employees' hard-earned money in such a company.

"The Hon'ble High Court of Bombay in the case of Reliance Nippon Life Insurance v/s DHFL passed an order on September
Topics : DHFL