SC Issues Notices on Plea Alleging ₹150 Cr Corporate Fraud, Judicial Interference in Insolvency Case

The Supreme Court on Friday issued notices to the Centre, Telangana government, and key investigative agencies on a petition alleging a massive corporate fraud of nearly ₹150 crore, implicating the suspended management of an insolvent company, KLSR Infratech Ltd, and raising serious concerns of judicial interference in ongoing insolvency proceedings. A bench comprising Chief Justice…