Delhi court extends Malvinder, Shivinder's custody for 14 days in Religare fraud case

Bs_logoImage
ANI General News
Last Updated : Oct 31 2019 | 5:05 PM IST

A Delhi court on Thursday extended the judicial custody of former Ranbaxy owners Shivinder and Malvinder Singh for 14 days in connection with the Religare funds scam case.

The court also extended the judicial custody of former chairman-director of Religare Finvest Sunil Godhwani, and Kavi Arora and Anil Saxena, till November 14.

Chief Metropolitan Magistrate Deepak Sehrawat will hear the arguments on a bail plea filed by Shivinder Singh on Friday.

The court also issued a notice to Economic Offence Wing (EOW) of the Delhi Police to file a reply on the bail application filed by Sunil Godhwani by November 4.

Singh brothers are currently under judicial custody in Tihar jail.

Religare Finvest's Manpreet Suri had accused the brothers of siphoning off and misappropriation of funds.

Godhwani held a crucial position in Religare at the time.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 31 2019 | 4:52 PM IST