SC reserves order on Neeraj Singal's interim bail
New Delhi, Aug 30 : The Supreme Court on Thursday reserved its order on a plea challenging the grant of interim bail to Bhushan Steel's erstwhile promoter Neeraj Singal by the Delhi High Court.
A bench of Justice A.M. Khanwilkar and Justice D.Y. Chandrachud reserved the order on the Serious Frauds Investigation Office's (SFIO) plea challenging the grant of the bail.
The Centre too had moved the court challenging the High Court order.
Singal is out of jail after the bail was granted on his habeas corpus petition. He contended that his arrest was illegal as the complaint was made under one law and his arrest was made under another.
The apex court reserved its order after Singal's lawyers opposed the suggestion from Additional Solicitor General Maninder Singh that the court may not interfere with the grant of the interim bail but stay the operation of the judgment which said that the investigating officer of SFIO would not compel Neeraj Singal to sing any statement.
ASG Maninder Singh said that this amounted to incapacitating the provision of law and wondered if such a thing could have been done.
Section 217 of the Companies Act lays down the procedure and powers of the inspectors.
Imposing conditions while granting interim bail to Neeraj Singal and directing him to co-operate with the investigation, the High Court had on August 29, 2018 said that "he shall not be compelled by the SFIO to sign his statement under Section 217 (4) read with Section 217 (7) of the Companies Act."
It had also said that the interim bail would continue "till an investigation report is filed in the Special Court in terms of Sections 212 (14) read with Section 212 (15) Companies Act, at which stage the Petitioner will, if it so necessitated, have to seek regular bail from the Special Court subject of course to the further orders in the main writ petition."
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Gurupura: Bus-lorry collide near Bellibettu, drivers critically injured
6 Lakh in cash recovered during rescue operation
Bajpe: A private bus and a lorry collided head-on near Bellibettu bus stand on Wednesday, leaving both drivers seriously injured.
According to sources, the private bus was travelling from Mangaluru to Karkala and a lorry was heading towards Mangaluru.
The impact of the collision was severe, leaving the front portions of both the bus and the lorry completely crushed.
According to locals, the drivers of both vehicles were trapped inside the mangled vehicles and had to be rescued by cutting parts of the damaged vehicles using a gas cutter. Passengers travelling in the bus sustained minor injuries.
The injured drivers were shifted to a private hospital in the city for treatment. Personnel from the Bajpe police station visited the spot, conducted an inspection, and registered a case.
Meanwhile, it has been learnt that during the rescue operation, a local resident, Rafiq Gurupura, found around Rs 6 lakh in cash while cutting open parts of the bus.
The amount was subsequently handed over to the Bajpe police. The rescue operation was carried out by locals including Rafiq, Shivarama, Raoof, Fazil and others.
