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Bombay HC orders 3-month jail term to developer for failing to abide by undertaking for flat purchasers, stays sentence for 6 weeks

The Bombay High Court directed the developer to pay Rs. 4 crore within six weeks to purge contempt, 1 crore already deposited and the developer is required to pay remaining Rs. 3 crore within six weeks.
Bhavesh Parmar Justice Manish Pitale Achyut Shridhar Godbole Justice Pitale Drupads Patil Banking Finance Company

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DHFL: Money laundered via 87 shell firms, 2.60 lakh fake borrowers, says CBI chargesheet

The Central Bureau of Investigation (CBI) in its charge sheet lodged in the Rs 34,615 crore DHFL loan fraud case has said that the accused created 87 shell companies and 2,60,000 fake borrowers to launder money. The charge sheet was filed in the second week of October.
Nariman Point Uttar Pradesh Ajay Navandar Vipin Kumar Shukla Sudhakar Shetty Harshil Mehta

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