Bombay High Court dismisses plea challenging WeWork IPO; petitioner fined Rs 1 lakh

According to a report by ANI, the Bombay High Court on Monday dismissed two writ petitions challenging SEBI’s approval of WeWork’s IPO.

A division bench of Justices RI Chagla and Farhan Parvez rejected the allegations and directed Bansal to pay Rs 1 lakh to the Maharashtra Legal Services Authority within two weeks.

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