First Leasing

Hyderabad, Delhi- NCR, Mumbai, and Bangalore account for 79% of overall retail space absorption

Muthiah had submitted that he was only a non-executive director and couldn't be criminally charged for transgressions of FLCI

Irani was arrested in June by the Enforcement Directorate under Prevention of Money Laundering Act

Ed alleges Irani, who was MD of First Leasing Company, enriched himself to the tune of Rs 100 cr

This in connection with money laundering probe in an alleged bank loan fraud case of about Rs 500 cr