DB Realty boss resigns


Breaking News – Track2Realty Impact

Shahid Balwa, DB Realty, Sharad Pawar, Dawood Ibrahim, 2G Spectrum scam, Niira Radia, A Raja, CBI, Delhi NCR real estate, Bangalore Real Estate, JLLM, Jones Lang LaSalle Meghraj, Track2Media, Track2Realty, ravi sinha, india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, KP Singh, DLF, Unitech, Emaar MGF, ndtv.com, ndtv, aajtak, zee news, india news, property news, real estate news, 99acres.com, 99 acres, indianrealtynews.com, indianrealestateforum.comIndiabulls real estate, BSE, Bombay Stock Exchange, Mumbai Real Estate, India Property, Track2Media, Track2Realty, ravi sinha, india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, KP Singh, DLF, Unitech, Emaar MGF, ndtv.com, ndtv, aajtak, zee news, india news, property news, real estate news, 99acres.com, 99 acres, indianrealtynews.com, indianrealestateforum.com, Indiabulls real estate, BSE, Bombay Stock Exchange, Mumbai Real Estate, India PropertyDB Realty Ltd has informed BSE that the Board of Directors of the Company on March 05, 2011 has noted and accepted the resignations of Mr. Shahid Balwa, as Managing Director and also as Director of the Company with effect from February 09, 2011 in view of his preoccupation relating to certain investigations. This does not however reflect on Mr. Shahid Balwa who in his individual capacity is strongly contesting the proceedings in the court and is taking all the necessary legal steps to defend himself and his fair name. Needless to state that at DB Realty will continue to have immense faith in the Indian judiciary and are confident that truth shall prevail in the end.  We would also like to state that the resignation of Mr. Shahid Balwa will not affect the functioning of DB Realty Ltd in any manner whatsoever and the company will continue its normal course of business.


1 Comment

  1. 1. Why Congress is asking for CBI inquiry against Shard Pawar ?

    2. Why Congress i shielding Sharad Pawar ?

    3. What benefits Congress are getting after feeding and saving Sharad Pawar ?

    UPA is most corrupt government. Please do something against all corrupt bureaucrators.