https://www.taxtmi.com/highlights?id=74649 Seeking direction for an in-depth, thorough and time bound investigation by a SIT into various serious illegalities, violations and siphoning of funds committed by the promoters of Indiabulls Housing Finance Limited (IBHFL), its subsidiaries and their promoters - siphoning of funds by the IBHFL and other Indiabull group of companies - High court dismissed the petition filed by the Citizens Whistle Blower Forum. - HC noted the importance of not interfering with the investigative process without evidence of grave injustice or misuse of legal procedures, emphasizing that the transfer of an investigation to a different agency is an exceptional measure, not a routine one. en-us Tue, 06 Feb 2024 16:08:56 +0530 Tue, 06 Feb 2024 22:48:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74649 Seeking direction for an in-depth, thorough and time bound investigation by a SIT into various serious illegalities, violations and siphoning of funds committed by the promoters of Indiabulls Housing Finance Limited (IBHFL), its subsidiaries and their promoters - siphoning of funds by the IBHFL and other Indiabull group of companies - High court dismissed the petition filed by the Citizens Whistle Blower Forum. - HC noted the importance of not interfering with the investigative process without evidence of grave injustice or misuse of legal procedures, emphasizing that the transfer of an investigation to a different agency is an exceptional measure, not a routine one. Highlights Indian Laws Tue, 06 Feb 2024 16:08:56 +0530 https://www.taxtmi.com/highlights?id=74649