Overview
- The Bombay High Court issued a non-bailable warrant for Libas managing director Riyaz Ganji in a contempt case over alleged unpaid dues.
- The judge also restrained Ganji, Libas Designs and its directors from dealing with any movable or immovable assets until further orders.
- The order followed what the court called vague asset disclosures that listed only broad locations such as Kurla, Pedder Road and Ludhiana.
- Mumbai Police were told to execute the warrant and to secure Ganji’s presence at the next hearing later in April.
- The case stems from GS Majestic Developers’ claim that Libas left a franchise store at a Ludhiana mall without paying contractual dues.