New Delhi: Questioning the CBI and SEBI’s “reluctance” to probe allegations of “dubious transactions” against Indiabulls Housing Finance Limited (IHFL), now known as Sammaan Capital Limited, the Supreme Court on Wednesday ordered the agency director to hold a meeting with SEBI, SFIO and ED to look into the matter.

A bench of Justices Surya Kant, Ujjal Bhuyan and N Kotiswar Singh, which also pulled up the Ministry of Corporate Affairs (MCA) for the compounding of multiple offences committed by IHFL, came down heavily on the Securities Exchange Board of India (SEBI) over the “double standards” adopted by the market regulator in different cases over its jurisdiction to probe into illegalities.

The top court asked what was preventing authorities from filing an FIR and probing the allegation

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