New Delhi, June 25 (IANS) The Supreme Court on Tuesday asked the Chief Justice of the Bombay High Court to assign a bench for the disposal of a bail plea filed by Pune-based builder Avinash Bhosale in a money laundering case linked to the Yes Bank-DHFL fraud case.
A vacation bench, headed by Justice Manoj Misra, took note of the submission that the matter was repeatedly being adjourned before the high court due to paucity of time or non-availability of the counsel representing the other side despite being listed 5-6 times first on the board.
“In these circumstances, we dispose of this petition (seeking release on bail on grounds of delay) by requesting the Chief Justice of the Bombay High Court to assign a bench for disposal of the bail application if a request is made by the petitioner through a proper application in that regard,” ordered the Bench, also comprising Justice S.V.N. Bhatti.
The apex court said that it was not inclined to pass any direction for “expeditious” disposal of the bail plea and that the petitioner should approach the assigned bench of the Bombay High Court with such a request.
The Bombay High Court, in an order passed on May 17, directed Bhosale to be released on bail in the corruption case registered by the CBI. The Pune-based realtor was arrested by the CBI in May 2022 and subsequently by the Enforcement Directorate (ED) in connection with the Yes Bank-DHFL scam.
Bhosale, the founder of the ABIL Group, has been accused of allegedly routing ill-gotten money through his Maharashtra-based real estate companies. In 2018, Bhosale had received around Rs 68.82 crore from DHFL. It was said that it was consultancy charges received by him. The ED probe revealed that Bhosale didn’t provide any consultancy service to DHFL and the money received by him was nothing but alleged proceeds of crime. The ED had attached the assets worth Rs 164 crore of Bhosale under the Prevention of Money Laundering Act (PMLA), 2002.
–IANS
pds/vd
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
