Delhi High Court directs Ambience Group to deposit over ₹638 crores amid dispute with Indiabulls

The Delhi High Court has directed Ambience Group to deposit Rs 638 crores in connection with its dispute with Indiabulls. The court’s decision comes as a part of an ongoing litigation concerning a financial dispute between the two companies. Ambience Group had been accused of defaulting on its financial obligations, and this ruling aims to ensure that the company complies with its payment commitments. The deposit is intended to provide security for Indiabulls while the matter is being adjudicated.