Mumbai, Oct 3: A court here on Sunday remanded Aryan Khan, son of Bollywood superstar Shah Rukh Khan, and two others to NCB custody till October 4 in connection with the seizure of banned drugs onboard a cruise ship off the Mumbai coast.
Aryan Khan and the two others Munmun Dhamecha and Arbaaz Merchant- were arrested this evening and were produced before a special holiday court of additional metropolitan magistrate R K Rajebhosale.
Advait Sethna, the advocate for the Narcotics Control Bureau (NCB), sought custody of the accused for two days on the ground that the investigation is at a nascent stage and more raids were being carried out to apprehend the supplier of drugs.
Aryan Khan's advocate Satish Maneshinde argued that his client was invited to the event being held on the cruise by the organisers.
No incriminating material has been recovered from him (Aryan). There is no possession or evidence of consumption, he said.
Maneshinde said he would file an application seeking bail for Aryan Khan on Monday.
"Although the sections under which he (Aryan) has been booked are all bailable offences. I am willing to settle for a one-day NCB custody so that we can file for bail before the regular court," he said.
Aryan Khan has been booked under sections 27 (punishment for consumption of any narcotic drug or psychotropic substance), 8C (produce, manufacture, possess, sell or purchase of drugs) and other relevant provisions of the Narcotics Drugs and Psychotropic Substances Act (NDPS).
He and seven others were detained late Saturday night by NCB sleuths after they raided the cruise ship on its way from Mumbai to Goa.
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New Delhi: A fresh application has been submitted to the Supreme Court of India, seeking the inclusion of key documents related to the recent US indictment of the Adani Group. Filed by advocate Vishal Tiwari, the petition aims to introduce two critical pieces of evidence into an ongoing case related to the Adani Group's financial practices.
The first document is a formal US court indictment accusing Gautam Adani, his relative Sagar Adani, and other company executives of orchestrating a massive bribery scheme to secure solar energy contracts worth billions of dollars in India. The indictment alleges that over $250 million in bribes were paid to Indian government officials to obtain these lucrative contracts.
The second document is a complaint from the US Securities and Exchange Commission (SEC), which accuses the Adani Group of securities fraud. The SEC alleges that Adani executives misled investors to raise funds for these solar projects, despite knowing that part of the capital was linked to corrupt activities.
This development follows the US Attorney's Office's recent charges against the Adani executives, who are accused of masterminding a bribery scheme to secure power supply contracts with state-run utilities in India. The contracts were expected to yield up to $2 billion in profits over two decades.
These charges come amid an ongoing investigation by India's Securities and Exchange Board (SEBI) into the Adani Group, after allegations of stock manipulation and market irregularities surfaced, particularly following the release of the Hindenburg Report in early 2023. The new US legal documents could play a crucial role in strengthening the investigation into the Adani Group's business operations.