Welcome To IANS Live - BUSINESS - Bombay Dyeing alleged to

Welcome To IANS Live - BUSINESS - Bombay Dyeing alleged to have published untrue financial statements

It is alleged that BDMCL fabricated a fraudulent scheme whereby it sold flats/allotment rights to Scal, a group company, and ensured that it continues to recognise the revenue based on MoUs entered into with Scal irrespective of whether or not the flats were further sold to retail customers by Scal.It h

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