nexus between renowned banks and builders supreme court of india orders cbi probe

Nexus Between Renowned Banks And Builders: Supreme Court Of India Orders Cbi Probe

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New Delhi: Observing an unholy nexus between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary inquiries against builders in NCR, including Supertech Limited. A Bench of Justices Surya Kant and N Kotiswar Singh found a prima facie nexus between renowned banks and builders in NOIDA, Gurugram, Yamuna Expressway, Greater Noida, Mohali, Mumbai, Kolkata and Allahabad. It took into account an affidavit filed by the CBI and d