Business CBI registers case against Educomp Solutions directors for defrauding SBI-led consortium of Rs 1,955 crore Updated : February 12, 2020 06:24 AM IST After filing the FIR, the agency carried out searches at eight locations in Delhi, Dehradun and Gurugram on the premises of Educomp Solutions, Edu Smart and its directors. It is alleged that ESPL had sought term loans from consortium members by keeping contracted future cash flows from schools as security, which was sanctioned. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.