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CBI Conducts Raid at Retired NCLT Member's Residence

The Sunday Guardian

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March 16, 2025

The Central Bureau of Investigation has conducted a search at the residence of a retired National Company Law Tribunal (NCLT) member as part of an investigation into a bribery case.

- CORRESPONDENT

CBI Conducts Raid at Retired NCLT Member's Residence

The case revolves around allegations that a law firm sought bribes in exchange for securing a favourable tribunal order.

The investigation was triggered by a complaint filed on January 27, 2025, by a director of a private investment firm. According to the complaint, a lawyer contacted him, claiming influence over an NCLT Mumbai member and assured that a favourable ruling in an ongoing insolvency case could be arranged for Rs 1.5 crore. After discussions, the demanded amount was lowered to Rs 1 crore.

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