Writ petition withdrawn
S Vishnu Sharma, INN/Chennai, @Svs037
Writ petition filed in Supreme Court against Indiabulls Housing and Sameer Gehlaut has been withdrawn. According to sources, Abhay Yadav is said to have filed the petition.
Abhay Yadav in his affidavit is said to have mentioned that he was not aware of the contents and allegations mentioned in the complaints or the petition. ‘I now realise that such papers, affidavits, applications were signed by me have been misused to file false complaints and petitions against Indiabulls with malafide intentions.’
The petitioner further said that he apologized with folded hands for unknowingly having signed the complaints, petition, applications without realizing its contents therefore he has decided to unconditionally withdraw the writ petition diary No 20710/2019 titled Abhay Yadav vs SEBI and others and he was taking necessary steps in this regard.
He also said he did not know anything about Indiabulls, its promoter, directors or anything about their businesses and he apologized to all for causing harm to their reputation and business. It was never his intention to do so and he was sorry for this.
The petitioner further added in the affidavit that four shares of Indiabulls were purchased in his name in May this year and thereafter he was asked to sign a detailed bulky complaint which was addressed to various government officials, ministers.
It worth recollecting that, earlier, Indiabulls had moved in Supreme Court for an urgent hearing of the writ petition. Indiabulls had submitted to the Supreme Court court that the petitioner Abhay Yadav bought four shares of Indiabulls worth Rs 3,000 ($ 42) on 9 May this year with the sole purpose of blackmail and extortion.
Without seeking remedy at appropriate forum for grievances, the petitioner Abhay Yadav chose to file a plea in Supreme Court under Article 32 to damage the company and that the petitioner wilfully and intentionally was not coming forward and mentioning the writ petition as he doesn’t want the petition to be heard on merits.