“Special court rejects CBI chargesheet in Indiabulls Housing Finance loan fraud case due to lack of evidence”

The CBI chargesheet against Indiabulls Housing Finance Ltd and others in the Rs 4,733 crore DHFL-Yes Bank loan fraud case was rejected by a special court due to insufficient evidence. The court also canceled lookout circulars for several individuals involved in the case and highlighted the lack of proof against DB Realty promoters and their associate firms.

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