Wednesday, 5 September 2018
Bhushan Steel former promoter Neeraj Singal to remain out on interim bail; SC transfers case to itself
Bhushan Steel former promoter Neeraj Singal to remain out on interim bail; SC transfers case to itself
The Delhi High Court had on August 29 granted bail to Singal, arrested by means of the SFIO for allegedly siphoning off Rs 2,500 crore of public price range. The apex court docket become listening to an SFIO plea to stay the Delhi High Court order within the case. The SFIO had in advance stated Singal is accused of siphoning off Rs 2,500 crore of public price range, and his launch will cause grave damage to the research, which has reached an advanced degree. It had sought a live on the high court order, claiming that the accused usurped public cash taken thru bank loans.Dailyhunt
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