Published on : 08 Oct 2025, 12:12 pm 4 min read
The Supreme Court on Wednesday witnessed sharp exchange of words between Senior Advocate Harish Salve and advocate Prashant Bhushan during the hearing of a plea for an investigation into alleged financial irregularities and fund diversion by Indiabulls Housing Finance Ltd (IHFL), now renamed Sammaan Capital Ltd [ Citizens Whistleblower Forum vs. Union of India & Ors .].
A Bench of Justices Surya Kant , Ujjal Bhuyan and NK Singh was hearing a petition filed by the NGO, Citizens Whistleblower Forum (CWBF), which has sought a court-monitored probe into alleged round-tripping of funds and money laundering by IHFL and its promoters.
Appearing for CWBF, Bhushan at the outset contended that the company and its promoters had ex