Bail Financial News

Criticising live-in relationships, the Allahabad High Court observed that there is a “systematic design to destroy the institution of marriage,” reports The Indian Express.

Supreme Court judge P K Mishra on Friday recused himself from hearing the bail plea of former Delhi minister Satyendar Jain in a money laundering case. The Enforcement Directorate (ED) had arrested Jain on May 30 last year on the charge of laundering money through four companies allegedly linked to him. As the matter came before the bench headed by Justice A S Bopanna, he told senior advocate Abhishek Singhvi, appearing for Jain, that it would not be able to take up the matter. «We are unable to take it up before this bench,» Justice Bopanna said. The bench directed that the matter be placed before Chief Justice D Y Chandrachud to get appropriate orders for reassignment to a bench. «Obtain orders from the Chief Justice to place it before a bench of which one of us (Justice Mishra) is not a part,» Justice Bopanna said.

Cow vigilante Bittu Bajrangi, arrested in connection with communal clashes in Nuh earlier this month, was granted bail by a court on Wednesday, police said. Bajrangi was produced in the Nuh court on August 17 from where he was sent to a 14-day judicial custody in Neemka jail of Faridabad district. After hearing Bajrangi's bail application on Wednesday, the court of judicial magistrate first class Sandeep Kumar granted him bail, Nuh police said.

Cow vigilante Bittu Bajrangi was granted bail by a court on Wednesday, police reported. He arrested in connection with communal clashes in Nuh earlier in the month. Bittu Bajrangi was sent to a 14-day judicial custody on August 17 after he was produced in a Nuh court.

₹6,719 apiece from Vedant InnoTech Private Limited (VIPL), the prosecution said. Thus, during May 16, 2020, to June 7, 2020, there was a misappropriation of public funds of ₹49.63 lakh, it alleged.

₹10 crores. Also read: Rajasthan vendor lodges FIR against 4B Network's Rahul Yadav alleging fraud: Report The Mumbai Police's Economic Offences Wing (EOW) previously filed a First Information Report (FIR) in this case and issued a look-out notice for Yadav and Saini. The complaint, filed by Omprakash Nowal of Interspace, alleges that the accused engaged his firm to install billboards in Pune.

Lawyers representing Sam Bankman-Fried, or SBF, have filed an appeal claiming the former FTX CEO’s bail was revoked “in retaliation for him exercising his First Amendment rights” and not witness tampering as alleged.

4B Networks founder Rahul Yadav, who was booked by the Mumbai Police in a cheating case, has filed an anticipatory bail application (ABA) before a sessions court on Monday. The city police’s Economic Offences Wing (EOW) probing the matter opposed the ABA, contending that Yadav failed to join the investigation on at least two occasions. An intervention application was filed by the complainant.

Roman Storm, the co-founder of the cryptocurrency mixing service Tornado Cash who was arrested on money-laundering and other charges on Aug. 23,  was released on bail soon after he was detained by the United States’ Department of Justice (DOJ), his lawyer said.

Enforcement Directorate, according to a report published by the news agency PTI. A bench of Justices AS Bopanna and MM Sundresh granted the relief to Satyendar Jain after taking note of his medical report. The top court on July 24 had extended by five weeks interim bail granted to Jain.

Supreme Court on Monday reserved its order on the bail plea of former Mumbai Police officer Pradeep Sharma, who was arrested in connection with the Antilia bomb scare case and the killing of businessman Mansukh Hiran. On February 25, 2021, an explosives-laden SUV was found near industrialist Mukesh Ambani's residence 'Antilia' in south Mumbai. Businessman Hiran, who was in possession of the SUV, was found dead in a creek in neighbouring Thane on March 5, 2021.

Lalu Prasad Yadav, the Rastriya Janata Dal (RJD) supremo on Monday posted his reply with the Supreme Court of India on Central Bureau of Investigation (CBI) opposing his bail in the Fodder case. On Monday, Lalu Prasad Yadav said that the CBI cannot ask the apex court to revoke the bail order ‘simply because the agency is dissatisfied’. The investigative agency challenged orders of Jharkhand High Court that granted bail to the RJD president in four cases relating to multi-crore fodder scam (Dumka, Chaibasa, Doranda, Deogarh treasuries).

Disha Ravi, facing prosecution for her alleged involvement in sharing a toolkit backing the farmers' protest in 2021, urged the Delhi High Court on Monday to modify a bail condition of seeking prior permission of the trial court before travelling abroad. The plea came up for hearing before Justice Swarana Kanta Sharma who, after hearing submissions for the counsel of Ravi and police, said an order will be passed at 4 pm. Ravi was arrested by the Delhi Police on February 13, 2021 for allegedly being involved in sharing on social media a toolkit related to the farmers' protest which was then going on against the Centre's three farm laws, and was granted bail by a trial court here on February 23, 2021.

Lalu Prasad Yadav who is out on bail in alleged fodder scam case had landed in trouble as Central Bureau of Investigation has challenged the bail order in Supreme Court. The Apex court will hear the matter on 25 August. The investigative agency challenged orders of Jharkhand High Court that granted bail to the RJD president in four cases relating to multi-crore fodder scam (Dumka, Chaibasa, Doranda, Deogarh treasuries).

Supreme Court has agreed for early hearing on pleas filed by the CBI challenging the bail granted by the Jharkhand High Court to RJD President Lalu Prasad in connection with multi-crore fodder scam. As per the details available on the apex court's website, the matter is likely to be taken up for hearing on August 25.

Imran Khan, seeking bail in connection with the First Information Reports (FIRs) registered against him over violent protests, Dawn reported. On Tuesday, the Anti-Terrorism Court (ATC) of Islamabad dismissed three bail petitions and Additional District and Sessions Judge (ADSJ) Mohammad Sohail rejected six petitions seeking pre-arrest bail for Khan.

Nawab Malik walked out on bail to a rousing reception by both factions of the Nationalist Congress Party, on Monday evening. Malik was granted two months' conditional bail on medical grounds and was set free from a private CritiCare Asia Hospital in Kurla where he was undergoing treatment since May 2022.NCP (Sharad Pawar) sources said that now he is likely to continue his medical treatment at home under the care of his family members. After the Supreme Court order granting bail on Friday, Malik's legal team started the relevant formalities which were completed late this evening and the ex-firebrand minister finally walked out to temporary freedom. Appearing weary but relieved, Malik was received by his family members, then hundreds of supporters from the rival NCP factions greeted him, raising slogans in his favour and he got into a vehicle.

Supreme Court on Monday dismissed the bail pleas of three convicts serving life term in the 2002 Godhra train burning case, which plunged Gujarat into one of the worst communal riots, terming it a «very serious incident». «The incident is also a very serious incident. It is not a question of an isolated person being murdered,» a bench headed by Chief Justice D Y Chandrachud observed, adding that specific roles have been attributed to these convicts.

Judge revokes bail for FTX founder Sam Bankman-Fried, says crypto mogul tampered with witnesses in his fraud case

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Former FTX CEO Sam Bankman-Fried had his bail revoked and was sent to jail Friday ahead of his October criminal trial for alleged witness tampering.