Religare Finvest case: Delhi court extends police custody of Singh brothers, official by 2 days

By: |
October 15, 2019 4:17 PM

Chief Metropolitan Magistrate Deepak Sherawat extended custodial interrogation of the accused after the probe agency sought their 2-day custody saying that new material has come up in the case.

Malvinder’s lawyer told the court that they are not opposing the plea but ready to assist the probe.

A Delhi court Tuesday extended by two days the police custody of Fortis Healthcare’s former promoters Malvinder Singh and his brother Shivinder as also a senior official, arrested or allegedly misappropriating funds of Religare Finvest Ltd (RFL) and causing losses of Rs 2,397 crore to the firm.

Chief Metropolitan Magistrate Deepak Sherawat extended custodial interrogation of the accused after the probe agency sought their 2-day custody saying that new material has come up in the case.

Besides the Singh brothers, the court extended the police custody of Sunil Godhwani. Other officials, Kavi Arora and Anil Saxena, were also sent to 2-day judicial custody. Malvinder’s lawyer told the court that they are not opposing the plea but ready to assist the probe.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Farm Bills: BJP considering to move privilege motion against opposition MPs for creating ruckus in Rajya Sabha
2Opposition in LS alleges failure in strategy to deal with COVID-19; BJP says Modi took all along, did well
3Farm Bills: Opposition members’ conduct in Rajya Sabha shameful, says Rajnath Singh