Indus Cap moves NCLT against 3 subsidiaries of Uppal Housing
Private equity fund Indus Capital invested around ₹320 crore in three subsidiaries of Uppal Housing
Maulik Vyas & Malvika Joshi
Private equity fund Indus Capital Partners has moved the National Company Law Tribunal (NCLT) against three subsidiaries of Delhi-based developer Uppal Housing Pvt. Ltd citing oppression of investors, mismanagement and diversion of funds.
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