Court drops charges in Yes Bank-DHFL fraud case

A special CBI court in Mumbai has dropped charges against key accused in the Yes Bank-DHFL fraud case, including Shahid Balwa and Vinod Goenka, due to insufficient evidence. The court noted inconsistencies in the prosecution's timeline and acknowledged loan repayments. The court dismissed allegations against stockbroker Sanjay Dangi, stating no evidence linked him to the loan process or fund diversions. However, it issued summons to four others, including Summer Buildcorp Pvt Ltd, for their involvement in complex loan transactions. The court also directed the CBI to withdraw Look Out Circulars against Balwa, Goenka, and Dangi, concluding that no case had been established against them.