India, Nov. 26 -- A magistrate's court has rejected the B-summary closure report filed by the Economic Offences Wing (EOW) of the Mumbai police, seeking to close a long-drawn redevelopment dispute involving Vaidehi Akash Housing Society, Rustomjee Realty Pvt Ltd, and multiple flat purchasers. The court has directed the EOW to conduct further investigations into the matter.

The case stems from redevelopment arrangements dating back to 2005, when the society entered into agreements with Rustomjee for construction, sale of flats and utilisation of Floor Space Index (FSI), followed by subsequent supplementary agreements and transactions that later became the subject of allegations.

Additional chief metropolitan magistrate Abhijit Solapure a...