Mumbai, June 14 -- Real estate major Embassy Group has described a writ petition questioning the "fit and proper" status of certain entities and promoters associated with Embassy Office Parks REIT as a "recycled claim" and part of a continuing campaign allegedly orchestrated by Sterling & Wilson, even as the Bombay High Court granted the Securities and Exchange Board of India (SEBI) six weeks to consider representations made by the petitioner.

In a statement issued following the hearing, Embassy Group said the petition filed by Chayan Upadhyay formed part of a "continuing, orchestrated campaign" aimed at targeting the group and its promoters through what it termed "repeated and legally untenable proceedings."

The company maintained that...