The Bombay High Court today adjourned hearing on the bail plea of former Financial Technologies (FTIL) Chairman Jignesh Shah, who was arrested on May 7 in connection with Rs 5,600-crore National Spot Exchange scam.
The next hearing is scheduled for Friday.
Shah's bail plea was adjourned by the high court due to paucity of time, the fourth time since an appeal was filed in the higher court.
Earlier, the sessions court witnessed 14 adjournments in the case before the bail plea was rejected. So far, the bail appeal has been adjourned 18 times for various reasons.
According to the Economic Offences Wing (EOW), Shah, a non-executive director of NSEL, was arrested due to his alleged non-cooperation with investigating agencies.
However, the NSEL claimed that he cooperated with the EOW and other agencies.
