The Supreme Court criticised SEBI for showing “double standards” in the Indiabulls financial irregularities case and questioned the CBI’s unusually soft stance. The Court said even partial truth in the allegations warrants immediate FIR and coordinated action.
The Supreme Court of India on Monday has chosen not to intervene in the decisions made by the Delhi and Bombay High Courts concerning Indiabulls Housing Finance Ltd (IHFL). This decision came to light following the Enforcement Directorate’s (ED) attempt to challenge the High Courts’ orders, which had previously quashed police and ED investigations against […]
