https://www.taxtmi.com/news?id=50954 The Supreme Court directed the CBI to convert multiple preliminary enquiries into 22 regular criminal cases and register FIRs probing an alleged unholy nexus between developers and banks over a subvention scheme where loan proceeds were paid to builders who defaulted on EMIs, leading lenders to seek repayments from homebuyers; over one thousand individuals were examined and numerous project sites inspected while a separate enquiry outside the NCR remains under investigation. en-us Wed, 30 Jul 2025 15:16:03 +0530 Wed, 30 Jul 2025 15:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50954 The Supreme Court directed the CBI to convert multiple preliminary enquiries into 22 regular criminal cases and register FIRs probing an alleged unholy nexus between developers and banks over a subvention scheme where loan proceeds were paid to builders who defaulted on EMIs, leading lenders to seek repayments from homebuyers; over one thousand individuals were examined and numerous project sites inspected while a separate enquiry outside the NCR remains under investigation. News - Wed, 30 Jul 2025 15:16:03 +0530 https://www.taxtmi.com/news?id=50954