{"id":318946,"date":"2020-01-16T07:59:20","date_gmt":"2020-01-16T07:59:20","guid":{"rendered":"http:\/\/tehelka.com\/?p=318946"},"modified":"2020-01-16T07:59:20","modified_gmt":"2020-01-16T07:59:20","slug":"sc-stays-release-of-pmc%e2%80%89bank-scam-accused-from-jail","status":"publish","type":"post","link":"https:\/\/tehelka.com\/sc-stays-release-of-pmc%e2%80%89bank-scam-accused-from-jail\/","title":{"rendered":"SC stays release of PMC\u2009Bank scam accused from jail"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-305446 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2018\/11\/Supreme-Court.jpg\" alt=\"\" width=\"660\" height=\"438\" srcset=\"https:\/\/tehelka.com\/media\/2018\/11\/Supreme-Court.jpg 660w, https:\/\/tehelka.com\/media\/2018\/11\/Supreme-Court-300x199.jpg 300w, https:\/\/tehelka.com\/media\/2018\/11\/Supreme-Court-633x420.jpg 633w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/>The Supreme Court on Thursday stayed the release of HDIL promoters Rakesh and Sarang Wadhawan &#8211; prime accused in the PMC Bank scam &#8211; from Mumbai jail to their residence.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">A bench headed by Chief Justice S.A. Bobde and comprising Justices B.R. Gavai and Surya Kant took note of the submissions of Solicitor General Tushar Mehta that the high court order to the extent of allowing their release from prison needed to be stayed.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Solicitor General Tushar\u00a0Mehta mentioned before the bench that the PMC bank scam involved Rs 7,000 crore and the high court had on Wednesday passed a very unusual order while hearing a public interest litigation (PIL).<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Mehta told the bench that both accused are at present lodged under Arthur Road jail in judicial custody and if they are shifted to their residence as per the high court\u2019s order, it would be like bail to them.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The Bombay High Court on Wednesday had ordered for setting up a three-member committee to conduct the valuation and sale of encumbered assets of Housing Development and Infrastructure Ltd (HDIL) to recover the dues payable by the firm to PMC Bank.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Consequently, the High Court had allowed the father-son to be shifted to their house from jail under the supervision of two jail guards to ensure their cooperation with the committee.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Thursday stayed the release of HDIL promoters Rakesh and Sarang Wadhawan &#8211; prime accused in the PMC Bank scam &#8211; from Mumbai jail to their residence. A bench headed by Chief Justice S.A. Bobde and comprising Justices B.R. Gavai and Surya Kant took note of the submissions of Solicitor General Tushar [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":305446,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[134],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/318946"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=318946"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/318946\/revisions"}],"predecessor-version":[{"id":318947,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/318946\/revisions\/318947"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/305446"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=318946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=318946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=318946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}