https://www.taxtmi.com/news?id=50075 The Supreme Court criticised the CBI for not appearing in a petition alleging that a non-banking financial company diverted loans through corporate entities to promoter-owned accounts, noting that probe agencies can register cases on judicial record and should not await formal complaints; ED and SEBI acknowledged irregularities but cited investigational or jurisdictional constraints, prompting the court to direct senior CBI officials to appear and to press agencies to produce investigative reports where public interest and alleged financial malfeasance are implicated. en-us Mon, 21 Jul 2025 19:31:04 +0530 Mon, 21 Jul 2025 19:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50075 The Supreme Court criticised the CBI for not appearing in a petition alleging that a non-banking financial company diverted loans through corporate entities to promoter-owned accounts, noting that probe agencies can register cases on judicial record and should not await formal complaints; ED and SEBI acknowledged irregularities but cited investigational or jurisdictional constraints, prompting the court to direct senior CBI officials to appear and to press agencies to produce investigative reports where public interest and alleged financial malfeasance are implicated. News - Mon, 21 Jul 2025 19:31:04 +0530 https://www.taxtmi.com/news?id=50075