Supreme Court directs CBI to investigate Indiabulls allegations
after close1 source ↓written by the desknot a recommendation
- transaction under scrutiny
- ₹1,574-crore
The Supreme Court has instructed the CBI to investigate six allegations raised by the ED against Indiabulls Housing Finance, now known as Sammaan Capital Ltd. This includes a ₹1,574-crore transaction under scrutiny. The court expressed dissatisfaction with the lack of updates from the CBI and the EOW regarding the progress of these investigations.
This development may impact investor sentiment and trading activity around Indiabulls Housing Finance as the investigation unfolds.
Not investment advice. For informational purposes only.