New Delhi, March 16 (IANS) The Supreme Court on Wednesday declined to entertain a plea by former Fortis Healthcare promoter Shivinder Mohan Singh seeking temporary bail to visit his ailing mother.
Solicitor General Tushar Mehta submitted before a bench, headed by Justice M.R. Shah that Singh, the accused in the Religare Finvest money-laundering case, is a flight risk.
Counsel representing Singh submitted before the bench, also comprising Justice B.V. Nagarathna that it is a humanitarian plea since his client's uncle passed away and his mother was also not keeping well.
Opposing Singh's plea for temporary bail, Mehta said: "He is accused of liabilities which are Rs 2,400 crore. He is a flight risk." He added that there appears to be something suspicious here and the court should not be swayed by the humanitarian grounds.
The bench agreed with Mehta's submissions that Singh is a flight risk. "In terms of serious allegations, it seems that if the petitioner is released on interim bail, he may be a flight risk," it said.
The bench noted that relief had been granted earlier to Singh on account of death of someone. After hearing arguments, the bench said: "the application for interim bail stands rejected."
In December last year, the Supreme Court had said it expects a fair investigation and investigating agencies should be neutral, as it asked Delhi Police to conclude the probe, by December 15, in a case against Singh.
The Delhi High Court had cancelled Singh's bail, noting that his detention was necessary to unearth the "conspiracy hatched by him" and trace the alleged siphoned off money.
Singh had moved the top court against the Delhi High Court order, which came on Religare Finvest Ltd plea challenging the trial court order passed on March 3, 2021 granting bail to him in the case registered against him by the Delhi Police's EOW for cheating, criminal conspiracy, and criminal breach of trust.
In March 2019, the EOW had registered an FIR after it received a complaint from RFL's Manpreet Suri against Singh, former CMD of Religare Enterprises Ltd Sunil Godhwani and former CEO Kavi Arora and others. It was alleged that loans were taken by them while managing the firm, but the money was invested in other companies.
The passage of the bill through both the houses of the parliament will be fulfilment of the demand of 12 lakh Indians who marched across 22 states and 12,000km demanding a strong law against trafficking along with Kailash Satyarthi in 2017.
Punjab chief minister Amarinder Singh has announced waiver of Rs 590 crore worth of loans under the farm debt waiver scheme for labourers and the landless farming community, an official statement said on Wednesday.
Under this proposed plan, the purchase and installation of EV chargers will be provided under two options -- outright purchase (an outright option is one that is purchased individually and is not part of a multiple leg options trade) and on a monthly subscription basis.
Noting that the world has been witnessing the third wave of the Covid-19 pandemic, NITI Aayog member V.K. Paul on Tuesday appealed to Indians to join hands to avoid its spread in India, warning that a "majority of cases will be reported if the next wave comes".
The Congress on Tuesday attacked the Narendra Modi government over inflation and rising fuel prices and demanded immediate relief by reducing taxes on petroleum products and import duty on various items.
