The Bombay High Court, in a ruling dated April 2, has issued a non-bailable warrant against Riyaz Ganji, the Managing Director of Libas Designs Ltd, due to his failure to disclose assets and pay dues. The court expressed that Ganji deserves 'no sympathy or mercy' for his conduct, particularly noting his absence from court despite being directed to attend. The case stems from a dispute involving Libas' franchisee store in Grand Walk Mall, Ludhiana, Punjab, where the brand allegedly exited without fulfilling its contractual obligations. The petitioner, GS Majestic Developers Pvt Ltd, contended that Ganji and his company did not provide adequate details about their assets, which hindered legal proceedings. The court has mandated police to ensure Ganji's presence at the next hearing on April 27 and has restrained him and his company from dealing with any assets until further orders.