63 Moons dues: Bombay HC restrains DHFL promoters from leaving the country

Mumbai: The Bombay High Court on Thursday restrained Dewan Housing Finance Corporation Ltd (DHFL) promoters Dheeraj Wadhawan and Kapil Wadhawan from leaving the country.

The order came on a petition filed by 63 Moons Technologies seeking recovery of dues of around Rs 200 crore from DHFL.

Justice S J Kathawalla said the Wadhawans will have to seek permission from the high court if they wish to leave the country.

After the court passed the order, the DHFL counsel submitted a statement in the afternoon session that the Wadhawans will not leave the country before November 14.

The court was hearing a plea filed by Jignesh Shah-promoted 63 Moons Technologies for recovery of around Rs 200 crore which it said were due from mortgage lender DHFL, and seeking a direction that the Wadhawans should not leave the country.

DHFL had earlier told the court that the Wadhawans may have to travel abroad to raise funds.

63 Moons raised apprehension that they may escape if allowed to leave the country.