Page 2 - Supertech Ltd News Today

Supertech Group: Additional Sessions Judge Devender Kumar Jangala granted relief to the accused on a personal bond of Rs 1 lakh and two sureties of like amount.

The ED claimed its probe revealed the funds were collected by Supertech Ltd and other group companies from homebuyers. The company also took project-specific term loans from banks and financial institutions for the purpose of construction of housing projects, the ED said.

Get latest articles and stories on India at LatestLY. A Delhi court on Tuesday granted interim bail to R K Arora, the chairman and promoter of realty major Supertech Group, for a month on medical grounds in a money laundering case. India News | Delhi Court Grants 30-day Interim Bail to Supertech Chairman R K Arora.

Additional Sessions Judge Devender Kumar Jangala reserved the order after hearing arguments of the counsel for the Enforcement Directorate and the defence.

Supertech Group: Arora has sought interim bail for three months, claiming he was suffering from various ailments. Arora has told the court he has lost around 10 kg since his arrest and required "urgent medical assistance".

Supertech's chairman and Promoter RK Arora, on Wednesday, while seeking interim bail on health grounds, submitted that he has lost 10 kg in custody.

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Get latest articles and stories on India at LatestLY. R K Arora, the chairman and promoter of real estate major Supertech Group, on Wednesday urged a Delhi court to grant him interim bail for three months in a money laundering case, claiming he was suffering from various ailments. India News | Supertech Chairman R K Arora Seeks Interim Bail in Money Laundering Case on Medical Grounds.

Supertech Group: Arora told Additional Sessions Judge Devender Kumar Jangala he has lost around 10 kg since his arrest and required "urgent medical assistance".

The Enforcement Directorate opposed Supertech Groups chairman R K Aroras plea for interim bail on medical grounds in a money laundering case. They argued that the necessary medical assistance was available in prison, countering Aroras claim of deteriorating health. The case, stemming from FIRs in Delhi, Haryana, and Uttar Pradesh, alleges a scam involving 670 home buyers, defrauded of Rs 164 crore. The ED claims misappropriation of funds and diversion for land acquisition, rendering substantial ...