spot_img
Sunday, May 3, 2026
More
    spot_img
    HomeIndiaSC refuses reprieve to any builder in CBI probe on nexus with...

    SC refuses reprieve to any builder in CBI probe on nexus with banks | India News

    -


    SC refuses reprieve to any builder in CBI probe on nexus with banks

    NEW DELHI: Supreme Court said on Tuesday that prima facie it is convinced that there was a calculated and deep-rooted conspiracy between realtors and financial institutions to exploit the subvention scheme, causing harassment to homebuyers who kept paying EMIs for years for flats which remain elusive. In response to several builders’ plea that homebuyers have no grievance against them, SC refused to keep any realtor accused of delaying delivery of flats after joining the subvention scheme out of the purview of CBI’s probe. Additional solicitor general Aishwarya Bhati informed that in compliance of court orders, CBI has so far registered 28 regular cases, or FIRs, against builders and has completed probe in three cases where chargesheets have been filed. The bench asked the trial court to decide on taking cognisance of the chargesheets within two weeks and then proceed expeditiously with the trial.



    Source link

    Related articles

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Stay Connected

    0FansLike
    0FollowersFollow
    0FollowersFollow
    0SubscribersSubscribe
    spot_img

    Latest posts