India, March 16 -- A special court designated under the Central Bureau of Investigation (CBI) court has declined to proceed against stockbroker Sanjay Dangi and real estate developers Shahid Balwa and Vinod Goenka in the Yes Bank-DHFL loan fraud case, citing a lack of evidence. The court also refused to summon six other individuals and firms named as accused in the CBI's fourth supplementary charge sheet. However, it issued summons to four others, including Summer Buildcorp Pvt Ltd and three individuals-Farid Sama, Rahul Shah, and Ramesh Shah.

The CBI's charge sheet, submitted on March 13, alleged that DHFL received Rs.4,733 crore from Yes Bank, of which Rs.678 crore was diverted to builder Sanjay Chhabria's firm, FIIPL. A sum of Rs.115 ...