Supreme Court Issues Contempt Notice To Sammaan Capital MD For Continuing Loan Recovery Proceedings Against Homebuyer Despite Stay Order

The Supreme Court recently issued notice to the Managing Director of Sammaan Capital (erstwhile Indiabulls Housing Finance Ltd.) to show cause as to why contempt proceedings not be initiated against him for continuing recovery proceedings against a homebuyer despite a stay order passed by the Court."The Managing Director of the Indiabulls Housing Finance Ltd. (now Sammaan Capital Ltd.)...