States » WestPosted at: Jun 18 2025 11:24PM


Maha: CBI opposes plea moved by Mumbai firm for defrauding public funds

Maha: CBI opposes plea moved by Mumbai firm for defrauding public funds

Mumbai, June 18 (UNI) The Central Bureau of Investigation (CBI) on Wednesday opposed the pleas filed by city-based firm Jai Corporation and its director and promoter Anand Jaikumar Jain before the Bombay High Court challenging the FIR (first information report) registered by the central agency alleging serious financial irregularities by the company and its promoters.
The central agency had alleged defrauding of funds to the tune of Rs 2,434 crore from the public investors during 2006-8 in real estate projects among other irregularities.
The move comes on the orders of the Bombay High Court after a complaint was filed by activist Shoaib Richie Sequeira.

Please log in to get detailed story.
Tags: #Maha: CBI opposes plea moved by Mumbai firm for defrauding public funds
More News

Southwest Monsoon vigorous over Vidarbha

09 Jul 2025 | 8:17 PM

Pune, July 9 (UNI) The Southwest Monsoon has been vigorous over Vidarbha and active over Nagaland, Manipur, Mizoram, Tripura, Gangetic West Bengal, Jharkhand, and Chhattisgarh, India Meteorological Department (IMD) said today.

see more..

Shiv Sena Shinde MLA beats up canteen employee; issue raised in Assembly

09 Jul 2025 | 7:52 PM

Mumbai, July 9 (UNI) Shiv Sena (Shinde) MLA Sanjay Gaikwad beat up a canteen employee of the MLA's residence, over the issue of food being bad. Chief Minister Devendra Fadnavis expressed his displeasure over the incident.

see more..

Heavy rainfall very likely at isolated places over Konkan and Goa

09 Jul 2025 | 6:59 PM

Pune, July 9 (UNI) Heavy to very heavy rainfall with isolated extremely heavy rainfall very likely at isolated places over Vidarbha.

see more..

IAC chief expresses gratitude to CJI for historic inclusion of OBCs in Supreme Court recruitment

09 Jul 2025 | 6:47 PM

Mumbai, July 9 (UNI) For the first time in history, members of the Other Backward Classes (OBC) will be eligible for reservation in the recruitment of staff at the Supreme Court of India.

see more..

Uddhav Thackeray slams Govt over Dharavi redevelopment deal, promises justice to protesters

09 Jul 2025 | 6:41 PM

Mumbai, July 9 (UNI) Shiv Sena (UBT) chief Uddhav Thackeray launched a scathing attack on the Mahayuti government, accusing it of ignoring the people of Dharavi and "handing over precious Dharavi land" to the Adani Group.

see more..