Bombay HC Issues Contempt Notice Against Promoter Of IT Company Varanium Cloud For Violating Court Orders To Repay Creditor, Leaving Mumbai

The Bombay High Court on August 12, issued a contempt notice against Harshwardhan H. Sabale, the promoter of IT company Varanium Cloud Ltd, due to his failure to pay rupees 20 crores and also for leaving Mumbai in breach of the Court's order.The case against Sabale arose over non-payment of over Rs. 49.53 crores to his creditor. Earlier in March, the Court had issued a non-bailable...