Former SBI chairman Pratip Chaudhari granted bail

November 09, 2021 22:46

Former State Bank of India chairman Pratip Chaudhari, arrested for selling a hotel allegedly in a fraudulent way, was granted bail by a Jaisalmer court on Tuesday.

Chaudhari was sent to judicial custody for 14 days on November 1 after being arrested for selling the hotel.

Chaudhari was granted bail by additional district and sessions judge Dalpat Singh Rajpurohit.

Chaudhari had been arrested on October 31 from his residence in Delhi in connection with a loan case of the hotel in Jaisalmer.

A case was registered against Chaudhari in 2015 for seizing the hotel property in a loan settlement case and allegedly selling it at a throwaway price through fraudulent means.

Chaudhari became a director on the board of the company which purchased the hotel, the police had said. -- PTI

« Back to LIVE

TOP STORIES

Golden Beauty Shilpa Shetty

She glowed on the Times Fashion Week ramp.

Scenes From Disha's Bikini Holiday

With temperatures rising in Mumbai, Disha Patani finds her own way to keep her body cool.

Have You Heard About Timeboxing?

Why timebox? Most knowledge workers feel overburdened. Like The Joker in the Batman movies, we have all, at one point or the other, muttered to ourselves: 'So much to do, so little time.'

Adani, Tata eye bigger pie in Mumbai power distribution

As Mumbai's real estate and electric vehicle penetration grows, two of the city's private power distribution companies, Adani Electricity and Tata Power, are eyeing a bigger business pie, particularly betting on high-value customers....

This Is The New Blockbuster In India

While things remain bleak for Bollywood at the box office, Hollywood's Godzilla x Kong: The New Empire has brought quick relief to exhibitors and distributors.