Court discharges DHFL in money laundering case, cites immunity under IBC | Company News
A special court in Mumbai has discharged the now-defunct Dewan Housing Finance Corp Ltd (DHFL) in a Rs 5,050 crore money laundering case, ruling that the company under new management is entitled to statutory immunity under the Insolvency and Bankruptcy Code (IBC). The court, however, clarified that while DHFL as a corporate entity…