CEO of e-publishing firm granted bail

Image
Press Trust of India Chennai
Last Updated : Jul 09 2015 | 12:02 AM IST
A special NDPS court today granted bail to Sanjiv Bhatnagar, CEO of an e-publishing firm who was arrested on June 10 for alleged possession of 3.88 grams of cocaine worth Rs 20,000 in illegal market.
The Special Judge for NDPS cases, Justin David, who granted bail to Bhatnagar, directed him to execute a personal bond and two sureties and an immovable property too as surety.
Bhatnagar's counsel argued that 3.88 grams does not come under commercial quantity of the contraband and therefore restrictions made under Section 37 of Narcotics Drugs and Phycotropic Subsrances Act are not attracted in the case.
Bhatnagar's bail petition was earlier dismissed by this court on June 17.
Bhatnagar was arrested on June 10 moments after he allegedly took delivery of a parcel containing cocaine from a courier office here.
He had come along with his driver to take delivery of the contraband. However, his driver was let off after it was found that he had no role in either the procurement or use of the drug.
During questioning, Bhatnagar had said he was using cocaine for the past about one year.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jul 09 2015 | 12:02 AM IST

Next Story