Supreme Court Revokes Bail in Grand Venice Mall Scam
The Supreme Court has revoked the bail of Satinder Singh Bhasin linked to the Grand Venice Mall scam in Greater Noida. The court ruled that he failed to comply with bail conditions and must surrender. His passport will remain with the Trial Court, and financial penalties were imposed.
- Country:
- India
The Supreme Court ruled on Thursday to nullify the bail granted to businessman Satinder Singh Bhasin in the Grand Venice Mall scam case. The bench, including Justices Sanjay Karol and N K Singh, mandated Bhasin to surrender to jail authorities within a week.
The court noted that Bhasin had breached the bail conditions set in November 2019. Bhasin is permitted to apply for regular bail after twelve months, contingent upon adherence to insolvency proceedings directives.
Bhasin's passport remains withheld, and Rs 50 crore plus interest, deposited during bail, is forfeited. Portions of this amount will be allocated to the National Legal Services Authority and IBC proceedings.
ALSO READ
-
Supreme Court Criticizes West Bengal Over Judicial Officer Incident, Orders CBI or NIA Probe
-
Supreme Court Slams West Bengal State Officials for Obstructing Election Adjudication
-
Supreme Court Orders Action Amidst Judicial Officer Intimidation in Bengal
-
Supreme Court Challenges Birthright Citizenship Directive with Trump in Attendance
-
Supreme Court’s Decisive Term Tackles Trump Policies and Constitutional Challenges
Google News