Thursday, Feb 27 2020 | Time 14:24 Hrs(IST)
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  • Bengal Governor gets updates on coming Municipal Elections
  • Ninety projects of UP Investor summit has started commercial production: Minister
  • Bihar Assembly unanimously passes resolution for caste based census in 2021
  • Asaduddin Owaisi's public rally cancelled in Bhiwandi
  • Punjab to send team for All India Athletics C'ship, selection trials on Feb 28
  • Cong slams removal of Judge hearing cases against BJP leaders
  • Rahul, Priyanka question Justice Muralidhar’s transfer
  • ICC Women's T20 WC: India beat New Zealand by 4 runs, enter semifinals
  • ICC Women's T20 WC: India beat New Zealand by 4 runs, enter semifinals
  • Sitharaman in Guwahati for post-Budget consultations
  • Swissnex India empowers Swiss tech in Indian market
  • USCIRF condemns Delhi violence
  • Indo-Bangladesh team finalised spot for 5th border haat in Tripura
  • CASO launched in south Kashmir
  • ICC Women's T20 WC: New Zealand restrict India to 133-8
India


SC overrules Delhi HC's bail to Bhushan steel ex- CFO Nitin Johari

SC overrules Delhi HC's bail to Bhushan steel ex- CFO Nitin Johari

New Delhi, Sep 12 (UNI) The Supreme Court on Thursday set aside the Delhi High Court order granting bail to former Chief Financial Officer (CFO) and Director of Bhushan Steel Nitin Johari.

Johari was arrested by the Serious Fraud Investigation Office (SFIO) for his alleged fraudulent activities.

A bench of the Apex court, headed by Justice NV Ramana, and also comprising Justices Mohan M Shantanagoudar, and Ajay Rastogi, set aside the August 14 Delhi High Court order, which had granted bail to him (Johari).

The apex court cancelled his bail, saying, "At this stage, we are not inclined to give bail to the petitioner."

After cancelling the bail of Johari, the Top Court remitted the matter back to the High Court for fresh hearing and for a consideration.

The Apex Court passed the order, after an appeal was filed by the SFIO which had challenged the Delhi High Court’s August 14 order.

Johari is a co-accused with promoter and other director of Bhushan Steels in the case.

UNI XC SV 1454

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