Indian Supreme Court to review petition for investigation into alleged financial misconduct by Sammaan Capital.

The Supreme Court of India will review a petition by the Citizens Whistle Blower Forum (CWBF) seeking a special investigation team (SIT) probe into alleged financial misconduct by Indiabulls Housing Finance Limited (now Sammaan Capital Ltd). The CWBF accuses the company of misusing public funds through dubious loans. The Delhi High Court had previously rejected a similar plea. The company denies the allegations.

November 29, 2024
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