With the news of a well-known building company facing insolvency move, Indian star cricketers MS Dhoni (former brand ambassador of the firm) and Harbhajan Singh faced flak from those who invested their money in the real estate firms projects.
Reports have emerged that the process of corporate insolvency resolution, under the Insolvency and Bankruptcy Code (IBC), is likely to be initiated against three Amrapali Group companies Noidas Silicon City, Greater Noida-based Ultra Home Construction and Amrapali Infrastructure on a plea from Bank of Baroda.
The move is likely to affect thousands of home buyers, according to the report.
The affected parties vented their anger on Twitter against Dhoni and Harbhajan. While Dhoni did not respond to t…
Read the full article at: http://www.hindustantimes.com/cricket/ms-dhoni-harbhajan-singh-face-ire-from-home-buyers-after-real-estate-firm-goes-under/story-u5GhxNdzL7Sw90odrJMwmL.html