Delhi court issues notices to Sterling Biotech owners in Rs 8,100-crore bank loan fraud case
New Delhi, Oct 26 : A Delhi court Friday issued notices to Sterling Biotech promoters following an Enforcement Directorate's plea to declare them fugitive economic offenders in connection with a Rs 8,100-crore bank fraud case.
Additional Sessions Judge Satish Kumar Arora issued the notices to the owners of the Gujarat-based pharmaceutical firm.
On October 23, the ED filed a supplementary chargesheet against seven persons in the court in the money laundering case.
So far, the agency has chargesheeted 191 accused, including seven individuals and 184 companies.
The accused included main promoters of Sterling Group Nitin Sandesara, Chetan Sandesara, Dipti Sandesara, Hitesh Patel, Rajbhushan Dixit, Chartered Accountant Hemant Hathi, and middleman Gagan Dhawan.
The companies were: Sterling Biotech Ltd, PMT Machines Ltd, Sterling SEZ and Infra Ltd, Sterling Port Ltd, Sterling Oil Resources Ltd and 179 shell firms.
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Two children die after arch collapses during outdoor play in Karnataka
Raichur (Karnataka) (PTI): Two children died on Saturday after a portion of an arch allegedly collapsed on them while they were watching an outdoor play in this district, police said.
The incident occurred in Bail Marchad village in Manvi taluk, they said.
According to police, seven people were sitting under the arch watching the play when the structure suddenly collapsed, killing two children on the spot.
The deceased have been identified as Vishwanath Ramalinga (8) and Sanvita (2).
Vishakshi (25), Lakshmi (18), Vishalakshi (25), Yallamma (3), and Bassamma (45) were injured in the incident and were shifted to Raichur Institute of Medical Sciences Hospital for further treatment, police said.
The bodies have been moved to the mortuary of Manvi Government Hospital, they added.
A case has been registered at Manvi Police Station, and further investigation is underway, police said.
