Mumbai Court Accepts Closure Report in Maharashtra State Cooperative Bank Case

A Mumbai special court accepted the Economic Offences Wing's closure report in the Rs 25,000 crore Maharashtra State Cooperative Bank case, finding no evidence of criminal intent or fraudulent activity by accused individuals, including late deputy chief minister Ajit Pawar and his family. The court noted irregularities but ruled they did not amount to cognizable offences, highlighting that loan disbursals and asset auctions followed due procedures. Protest petitions challenging the closure were rejected, and recovery efforts continue.