business 🏛️ SC orders CBI probe into Indiabulls financial mess
The Supreme Court has directed the CBI to investigate financial irregularities against the promoters of Indiabulls Housing Finance Limited. This order was passed by a bench comprising CJI Surya Kant, Justice Joymalya Bagchi, and Justice V Mohana in a PIL. The allegations include round-tripping of funds and siphoning of money, with the court prioritizing a holistic probe. The Court also instructed the EOW to complete its remaining investigation and file a status report within two weeks. This decision emphasizes the need for a thorough investigation by a premier agency. 🧐