Wednesday, 8 April 2020

High Court rejects ex-Fortis promoter Shivinder Singh's bail plea

Delhi High Court on Tuesday rejected the bail plea of ex-Fortis promoter Shivinder Mohan Singh, arrested for alleged misappropriation of funds from Religare Finvest Ltd (RFL). Singh had cited Covid-19 infection risk as a reason for seeking the relief. Justice Mukta Gupta denied him the relief, saying Singh was allegedly involved in offences punishable with more than 7-year sentence and that too in more than one case and "hence does not qualify to be released" as per criteria laid down by a high powered committee.


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