https://www.taxtmi.com/news?id=37817 A petition requests a CBI and ED probe into alleged major financial irregularities by the SREI Group, including round tripping and siphoning of bank borrowed funds, and challenges a High Court order that closed an earlier investigation. The plea highlights RBI supervision and transfer of certain firms to an asset reconstruction vehicle for governance and repayment defaults, urges central agency involvement under regulatory guidance for substantial frauds, and seeks inclusion of state and local enforcement agencies for related local allegations. en-us Wed, 19 Mar 2025 17:01:03 +0530 Wed, 19 Mar 2025 17:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37817 A petition requests a CBI and ED probe into alleged major financial irregularities by the SREI Group, including round tripping and siphoning of bank borrowed funds, and challenges a High Court order that closed an earlier investigation. The plea highlights RBI supervision and transfer of certain firms to an asset reconstruction vehicle for governance and repayment defaults, urges central agency involvement under regulatory guidance for substantial frauds, and seeks inclusion of state and local enforcement agencies for related local allegations. News - Wed, 19 Mar 2025 17:01:03 +0530 https://www.taxtmi.com/news?id=37817