The Banking Court here had issued an arrest warrant for Nazir for not appearing before it and directed police to produce him.
Nazir appeared in the court yesterday with his lawyer and sought bail. He requested the court to grant him bail as he would appear in every future hearing.
The court accepted the request and allowed bail.
Nazir hit global fame when people uploaded videos on YouTube of him singing his self-composed ditty at an east London market. The videos notched up millions of views.
Nazir and his two brothers, owner of Rajpoot Goods Transport, had taken a loan of Rs 6.4 million from a leasing company in 2007 to purchase trailers but failed to pay it back.
A case was registered against Nazir and his brothers in 2008 and they were arrested but later released on giving an undertaking to repay the loan. However, they again defaulted.
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
