[ad_1] Mumbai: The Bombay high court on Monday dismissed a petition filed by Shradha Binani, daughter of Binani Group’s chairperson Brij Binani and former non-executive director in Binani Cements (BCL), who challenged summons issued to her last year by the Serious Fraud Investigation Office (SFIO).SFIO said its probe has revealed...
‘Investigating close to Rs 22,000 cr loans involving Amtek Auto & its group companies’, SFIO to SC, Legal News, ET LegalWorld – Legal Firms
[ad_1] New Delhi: The Serious Fraud Investigation Office (SFIO) has told the Supreme Court that loans close to Rs 22,000 crore involving Amtek Auto Limited (AAL) and its group companies, are under its scanner. The apex court has sought a status report in the matter.The SFIO, in an affidavit, said:...
SC seeks report from SFIO, CBI on plea alleging laundering of over Rs 12,000 crore, Legal News, ET LegalWorld – Legal Firms
[ad_1] The Supreme Court directed the Serious Fraud Investigation Office (SFIO) and the CBI on Thursday to file status reports on the progress in their probe into the alleged laundering of more than Rs 12,000 crore of a loan advanced to Amtek Auto by 19 banks. A bench headed by...
SC notice to PNB, others on pleas of SFIO, Legal News, ET LegalWorld – Legal Firms
[ad_1] New Delhi, The Supreme Court on Wednesday issued notice to Punjab National Bank (PNB) and two others on pleas by the Serious Fraud Investigation Office (SFIO) in connection with alleged siphoning-off funds of Bhushan Steel Ltd.A bench of Chief Justice U.U. Lalit and Justices S. Ravindra Bhat and Bela...