Supreme Court Orders Delhi Court to Take Up CBI Chargesheets in Builder–Bank Fraud Within Two Weeks
The directive speeds a court‑monitored probe into alleged subvention‑scheme collusion by pushing the first cases toward trial under tighter independent scrutiny.
Overview
- The Rouse Avenue court in Delhi was told to take cognisance of three CBI chargesheets within two weeks and proceed as per law.
- CBI told the bench it aims to make substantial progress across 25 registered cases by March 2026 after earlier orders expanded the probe.
- The agency must share chargesheets and, upon completion of investigations, full case documents with amicus curiae Rajiv Jain, who will assess probe fairness and has been asked to give his report to the CBI.
- Twenty‑three banks and financial institutions were ordered to deposit Rs 10 lakh each in a Union Bank of India account to reimburse amicus expenses.
- Homebuyers were directed to submit complete loan and payment details within a week on pain of dismissal for non‑prosecution, and the CBI was asked to examine new complaints and register further cases where required.