Delhi court has dismissed a revision petition filed by MGF Development Ltd against the order of a Chief Metropolitan Magistrate (CMM) court involving Emaar India and MGF chairman Shravan Gupta.

The CMM court had directed to file a First Information Report (FIR) against MGF and other accused. While dismissing the petition, ASJ Dharmender Rana said that Rs 180 crore seemed to have exchanged hands without any apparent quid pro quo for the said transaction, and that the spectre of money laundering and tax evasion should be addressed.
Read more at https://www.newindianexpress.com/cities/delhi/2021/nov/30/mgf-vs-em...