Lawyers call off stir before arrested colleague gets bail

Image
Press Trust of India Cuttack
Last Updated : Jul 08 2016 | 9:57 PM IST
The striking lawyers of the Orissa High Court here today decided to call off their ongoing ceasework forthwith, hours before the Khurda district and sessions court granted bail to an arrested advocate accused of being involved in fradulent activities of a chit fund company.
The High Court lawyers, boycotting courts since Wednesday in protest against the arrest of Devasish Panda by CBI, will be attending courts from Monday, said a resolution passed by the general body of the High Court Bar Association.
According to reports reaching here, the Khurda District and Sessions Court, at Bhubaneswar, granted bail to Panda, a former Additional Government Advocate (AGA), for a bail bond of Rs 50,000 each from two sureties.
Panda was asked to present himself before the Investigating Officer whenever required.
Panda, also a former counsel of Enforcement Directorate (ED), was arrested from Bhubaneswar by CBI on Monday, for his alleged involvement with the fraudulent activities of chit fund company M/S Artha Tatwa Group of Companies.
The CBI Special Court at Bhubaneswar had on Tuesday refused to grant bail to Panda and allowed the prosecution to take him on remand for three days for custodial interrogation.
Panda was produced before the special court on the day after the end of his remand period.
*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 08 2016 | 9:57 PM IST

Next Story