New Delhi, April 30 -- Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited.
A bench of Justices Surya Kant and N Kotiswar Singh found a prima facie nexus between renowned banks and builders in NOIDA, Gurugram, Yamuna Expressway, Greater Noida, Mohali, Mumbai, Kolkata and Allahabad. The top Court took into account an affidavit filed by CBI and directed the UP; Haryana DGPs to give a list of DSPs, inspector, constables to the agency to constitute a special investigation team (SIT).
The Court further directed the CEOs/administrators of Greater Noida Authority, Noida Authority,...