Tag: Supremecourtsaid

Justice S.P. Talukdar committee failed to sell property of Tower Group accused of Rs.350 Crores Scam, SC observed while cancelling bail of the group Chairman

SUPREME COURT OF INDIA JUDGMENTS

CANCELLATION OF BAIL-However, it is argued by both the Counsel that the amount may be about Rs. 350 Crores. Be that as it may, having regard to the material on record, and since a huge amount of money belonging to investors has been siphoned off, as well as for the aforesaid reasons, the High Court, in our considered opinion, should not have released the Respondent on bail.