Supreme Court orders CBI probe into all six ED allegations against Indiabulls

The apex court's directive expands the scope of investigation into the financial dealings of Indiabulls, with the sixth allegation centering on a transaction valued at approximately Rs 1,574 crore that requires additional scrutiny. This transaction had previously not been part of the active investigation, making the court's order a significant development in the case.

The Supreme Court bench issued instructions for both investigative agencies to file comprehensive status reports detailing their progress on each of the six allegations. The move suggests the court's intention to ensure a thorough examination of all charges against the entities, rather than limiting the probe to only select allegations.

Indiabulls, a major financial services conglomerate, has faced scrutiny from the ED on multiple counts related to alleged financial irregularities and suspicious transactions. The expanding investigation signals the judiciary's commitment to examining the full extent of the allegations before the court.

Both the CBI and the Delhi Police's Economic Offences Wing are now tasked with conducting detailed investigations and providing updated reports to the Supreme Court. The directive underscores the court's active monitoring of the case and its determination to ensure accountability in high-profile financial investigations.