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SKS Power Resolution faces roadblock as HC orders CBI probe

In an order dated March 19, the Allahabad High Court directed an investigation against SKS Power Generation (SKSPGL) and its affiliates for the illicit transfer of funds to two British Overseas Territories - the British Virgin Islands and Bermuda - through fictitious companies. ....

United Kingdom , Uttar Pradesh , British Virgin Islands , Justice Vinod Diwakar , Justice Vivek Kumar Birla , Serious Fraud Investigation Office , National Company Law Appellate Tribunal , Entwickeln India Energy Pvt Ltd , Central Bureau Of Investigation , Sharda Energy , Allahabad High Court , Central Bureau , British Overseas Territories , Torrent Power , State Bank , Agritrade Resources , India Energy Pvt Ltd ,