Pendse Gets Relief As SC Stays HC Verdict

Mumbai, December 21: | Updated: Dec 22 2002, 05:30am hrs
The Supreme Court on Friday stayed the Mumbai high courts verdict quashing former Tata Finance Ltd (TFL) managing director Dilip Pendses petition against the First Information Report (FIR) proceedings in New Delhi by the Tatas, till January 9.

Mr Pendse approached the Apex court after the Mumbai high court in its judgment declared that it had no wish to interfere in the proceedings of the Delhi High Court and also removed the no arrest warrant for Mr Pendse.

The Supreme Court will hear the case in January. When contacted, a Tata group spokesperson confirmed the developments saying, Yes, the Supreme Court has stayed the high court order. The spokesperson did not elaborate further.

Mr Pendses legal counsel Harihar Bhave also confirmed the development. The New Delhi police counsel Parag Tripathi had earlier indicated to the High Court, the Delhi polices requirement for Mr Pendses arrest, in order to conduct custodial interrogations to complete the Delhi Polices investigations. With the high courts decision to dismiss Mr Pendses petition, the New Delhi police would have had the jurisdiction to do so.

Mr Bhave had earlier indicated that Mr Pendse had two legal recourses to approach the Delhi high court and the Supreme Court.