Apart from a forensic audit in the Fortis-IHH deal, the Supreme Court on Thursday also announced a jail term of six months for Malvinder Singh and Shivinder Singh in the Daiichi-Fortis case.
The high court rejected Malvinder's plea challenging the criteria laid down by the high powered committee for granting interim bail to under trial prisoners on the ground of prevalence of the Covid-19
Singh moved the representation after his plea for interim bail was denied by the high court which gave him liberty to approach the committee if he was aggrieved by the criteria laid down by it
Chief Metropolitan Magistrate Gurmohina Kaur on Monday rejected Singh's bail application on the ground that he was required to be kept in judicial custody for proper investigation in the case
The submission was made before Chief Metropolitan Magistrate Gurmohina Kaur during hearing of arguments on the bail plea moved by Singh in the case lodged by the EoW of Delhi Police
Religare said in a statement that ED's move vindicates its claim that the erstwhile promoters and Godhwani were at the helm of affairs when the frauds were committed
The court also extended till December 23 the judicial custody of Malvinder and Godhwani in a separate money laundering case related to the misappropriated funds scam
Justice Chander Shekhar heard part arguments of counsel for the Enforcement Directorate (ED) and the accused and listed the case for further hearing on Wednesday
The bonhomie among Shivinder and the other members of the family was evident as they sat outside the chief metropolitan magistrate's court awaiting the order copy
