Chandigarh, Feb. 13 -- The special CBI court accepted the closure report filed by the Central Bureau of Investigation (CBI) in a cheating and corruption case filed by Indian Bank.

The complaint was filed by chief manager Sandeep Rathee of the stressed assets management vertical branch, Indian Bank, Sector 8-C, Chandigarh, on April 9, 2025. He alleged that Deepak Cosmo Limited, through its directors, hatched a conspiracy with Rajeev Pandey, Munish Dewan and Sarthak Garg along with unknown public servants and private persons, to cheat the Indian Bank and availed credit facilities.

The borrower failed to repay the loan amount to the complainant bank, resulting in a wrongful loss of around Rs.22.5 crore to the bank.

During the investigatio...