Mumbai, Feb. 12 -- A writ petition challenging the disclosures made in WeWork India's initial public offering (IPO) documents was unconditionally withdrawn before the Bombay High Court on wednesday.
A Division Bench of Justice RI Chagla and Justice Advait M Sethna permitted the petitioner, Rishab Agarwal, to withdraw the plea and disposed of the matter, along with all pending interim applications, thereby bringing an end to the final legal challenge related to the company's public issue.
The Bench further clarified that, in view of the withdrawal, all interim applications filed in the matter would not survive and were also disposed of.
According to a company communication dated February 12, the withdrawal has resulted in the closure of...
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