The special court in India has dismissed the CBI chargesheet filed against Indiabulls Housing Finance Ltd and other defendants in the Rs 4,733 crore DHFL-Yes Bank loan fraud case due to insufficient evidence. Additionally, the court has revoked lookout circulars issued for several individuals implicated in the case. The ruling also highlighted the absence of substantial proof against DB Realty promoters and their affiliated companies. This decision marks a significant development in the ongoing legal proceedings related to the alleged fraud.
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Special court rejects CBI chargesheet in Rs 4,733 crore DHFL-Yes Bank loan fraud case due to lack of evidence
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