New Delhi: The Serious Fraud Investigation Office on Friday requested the Supreme Court for an urgent hearing on its appeal against a Delhi high court order stalling the probe into alleged collection of Rs 50,000 crore from investors by three Sahara companies and the alleged involvement of six other group entities in round-tripping and siphoning off public money.
Appearing for SFIO, solicitor general Tushar Mehta requested Chief Justice N V Ramana that even though the SC in a recent order had said that the SFIO investigation was a continuous one and would spill beyond the three month stipulation under the Companies Act for completion of the probe, the HC had erroneously relied on the same Act to stall the probe into the nine Sahara entities going on since November 2018 and with a deadline for completion by March 31 this year. The CJI said he would look into the papers and assign a date for hearing.
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PULL UP YOUR SOCKS
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Lacking Bite
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