The case was registered by the Gurgaon police on direction of the magistrate following a complaint by Lt Gen (retd) Raj Kadiyan, Chairman of the society who had alleged that the officer bearers had allegedly siphoned off Rs 14 lakh from the accounts of the organisation, which was spearheading agitation for 'One Rank One Pension' (OROP).
The Additional District and Session Judge rejected the anticipatory bail application moved by Singh, Group Capt (retd) V K Gandhi and Wing Commander (retd) C K Sharma who had moved a plea before the court on February 11.
The three are office bearers in the IESM, formed in 2008. The society account is being maintained at a private bank.
Col (retd) Anil Koul said they were not happy with the judgement and would be approaching higher judiciary soon against the court order.
"We have complete faith in the judiciary and I am sure that designs of vested interests would be defeated. We will be approaching High Court for seeking legal remedy against today's order," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
