New Delhi, Jan. 15 -- A CBI Court in Panchkula has convicted and sentenced two private companies and six individuals in connection with bank fraud cases involving a total amount of Rs 152 crore.

According to the CBI, the special court, through its order dated January 13, sentenced M/s SRS Real Infrastructure Ltd. and M/s SRS Real Estate Ltd., along with six private individuals, Rajesh Singla, Anil Jindal, Bishan Bansal, Nanak Chand Tayal, Seema Narang and Dheeraj Gupta, for their role in cheating Canara Bank.

The court imposed a fine of Rs 50,000 each on the two convicted companies. Among the individuals, Rajesh Singla and Anil Jindal were sentenced to rigorous imprisonment (RI) for five years along with a fine of Rs 1.2 lakh each. Bish...