New Delhi: The Supreme Court has ordered ‘Status Quo’ on a bail granted to Shivinder Mohan Singh, former promoter of Fortis Healthcare, in a money laundering case related to Religare Finvest Ltd. This comes on an appeal filed by Enforcement Directorate (ED) against Delhi High Court’s decision to grant bail.
The bench of Justices Arun Mishra, BR Gavai and Krishna Murari will hear the petition next week. The bench has ordered a status quo. “Until further orders, status quo with respect to release from jail to be maintained and impugned judgment not to be treated as a precedent for any other case,” the court’s order said.
Despite the bail order of the high court, Singh could not be released from the jail, because he has another case registered by the Economic Offenses Wing. In this case, all the accused, including Shivinder were arrested by EOW on October 10, 2019.
Last week a single-judge bench of the Delhi High Court, comprising Justice Anup Jairam Bhambhani, had granted bail to Shivinder Singh on a personal bond of Rs 1 crore and two sureties of Rs 25 lakh each. The Delhi High Court had rejected the directorate’s arguments over declining bail, stating no purpose will be served by keeping him in jail.
“As far as the possibility of the applicant committing any further offence is concerned, that ground is purely speculative and conjectural,” the high court order dated July 23 had said.
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Apart from Shivinder, Malvinder Singh, Sunil Godhwani, Kavi Arora and Anil Saxena were arrested in this case. The High Court had granted regular bail to Anil Saxena on June 18.
The Order is attached here;
15674_2020_32_4_23188_Order_31-Jul-2020– India Legal Bureau