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Religare case: Delhi High Court grants bail to ex-CEO Maninder Singh


Religare case: Delhi High Court grants bail to ex-CEO Maninder Singh
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Last Updated: May 05, 2021, 09:02 PM IST
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Synopsis
Singh was arrested on October 27, 2020 for allegedly conspiring with other accused persons and swindling Rs 2,397 crore, thereby causing wrongful loss to complainant Religare Finvest limited (RFL) and wrongful gain to themselves.
PTI
The Delhi High Court on Wednesday granted bail to former CEO of Religare Enterprises Limited (REL) Maninder Singh in a case related to alleged siphoning of money to the tune of Rs 2,397 crore from Religare Finvest Limited (RFL). Justice Yogesh Khanna granted bail to the accused on a personal bond of Rs one lakh with surety of like amount and imposed various conditions on him. ....

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