India, Dec. 2 -- Update | December 2, 01:35 AM

Two months after reserving its order, the Bombay HC yesterday reportedly dismissed two writ petitions that sought to block WeWork India's initial public offering (IPO).

As per news agency ANI, a division bench, comprising Justice RI Chagla and Justice Farhan Parvez Dubash, rejected the two pleas and imposed an INR 1 Lakh fine on one of the petitioners, Vinay Bansal.

The HC also directed Bansal to deposit the amount with the Maharashtra State Legal Services Authority in the next two weeks.

Original | October 9, 01:39 AM

The Bombay High Court (HC) yesterday reserved its order on a plea challenging the upcoming public listing of coworking space provider WeWork India.

"Arguments are conclud...