
The Bombay High Court has ordered the <b>CBI, ED, and Income Tax authorities</b> to investigate the Sinhgad Technical Education Society (STES) and its trustees. This directive follows the society's failure to pay over ₹400 crore in staff salaries and retirement dues. The court noted the <b>extreme financial distress</b> of employees, citing reports of 13 staff deaths. Justices GS Kulkarni and Advait M Sethna have frozen all STES bank accounts, restrained property transfers, and ordered trustees to surrender their passports. Additionally, the court directed the State Education Department to appoint an administrator to manage the society's institutions and protect the interests of the students.
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