Business PMC Bank case: MCA launches inquiry into HDIL books of accounts Updated : October 02, 2019 07:48 AM IST A lookout circular has been issued against the company's managing director Sarang Wadhawan and whole-time director Rakesh Kumar Wadhawan on Monday. Corporate Affairs Secretary Injeti Srinivas said an inspection of HDIL is being conducted by the ministry's field office. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.