SC stays ex-Fortis Healthcare promoter Shivinder Singh's bailAugust 01, 2020 19:37
The Supreme Court has stayed the bail granted to former Fortis Healthcare promoter Shivinder Mohan Singh in a money laundering case related to alleged misappropriation of funds at Religare Finvest Ltd.
A bench comprising justices Arun Mishra, B.R. Gavani and Krishna Murari on Friday passed the direction on a plea moved by the Enforcement Directorate against a Delhi High Court judgement granting bail to
The apex court order came after Solicitor General Tushar Mehta, appearing for the ED, submitted that the high court did not consider the grounds raised by the agency.
"Until further orders, status quo with respect to release from jail be maintained and impugned judgment (of HC) not to be treated as a precedent for any other case. Reply, if any, be filed in the meantime," the
apex court said.
The high court on July 23 granted bail to Singh, saying it does not perceive any grave threat to the interests of the society or the public at large with his release.
One of the main grounds raised by the ED's special public prosecutor Nitesh Rana before the HC was that Singh smuggled and used a mobile phone while in custody.
The high court had granted the bail on furnishing a personal bond of Rs one crore and two sureties by family members of Rs 25 lakh each, while imposing various other bail conditions on him, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly.
The trial court had earlier denied bail to Singh in the matter, after which he approached the HC.
He was arrested in the money laundering case by the Enforcement Directorate and in the fraud case by Economic Offence Wing of Delhi police on December 12 and October 10 last year respectively.
He has not been granted bail in the EOW's case yet. -- PTI