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Delhi HC reserves order on bail plea of Avantha Group promoter

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The Delhi High Court on Friday reserved the order on the bail plea of Avantha Group promoter Gautam Thapar in a money laundering case linked to an alleged bank loan fraud of Rs 515 crore.

A bench of Justice Manoj Kumar Ohri has reserved the order on the bail application.

The matter was listed for rejoinder arguments on behalf of Thapar, who was represented by Mukul Rohatgi, Senior Advocate, briefed by a team from Karanjawala & Co. led by Sandeep Kapur, Senior Partner and comprising Vir Sandhu, Vivek Suri, Niharika Karanjawala, Mridul Yadav, Abhimanshu Dhyani, Sahil Modi, and Kajal, Advocates.

Rohatgi during rebuttal arguments submitted that the applicant is in jail for the last six months and there has been no arrest made and no charge sheet has been filed in the predicate offence by the Central Bureau of Investigation.

Thapar was arrested on August 3, 2021, in connection to the allegations of misappropriation of funds granted by Yes Bank in the form of a Loan.

Rohatgi submitted that there is no case of money laundering, misappropriation, cheating, or for the matter of fact it does not attract any offence under the Indian Penal Code and at the worst violation of Reserve Bank of India (RBI) guidelines could be committed from the end of the applicant.

There was adequate collateral security rendered by Avantha group and it was admitted position through a prosecution complaint filed by ED, he argued.

Amit Mahajan, Standing Counsel, representing Directorate of Enforcement had opposed the bail plea on the last date of hearing.

The judge enquired if the Yes Bank officials are aware of the pledge of CG share, which was well addressed by Sandeep Kapur, a senior partner, Karanjawala & Co., through display of various internal correspondence of Yes bank which demonstrated that it was in knowledge of Yes Bank officials. Accordingly, the matter has been reserved for orders by the High Court.

Crime

Special Court Grants Bail To Chhota Rajan In 2009 Pune Firing Case Targeting Shiv Sena Leader Ajay Bhosale

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Mumbai: The special court hearing the cases against underworld don Rajendra Sadashiv Nikhalje alias Chhota Rajan has granted him bail to him in connection with the firing at then Shiv Sena leader Ajay Bhosale in 2009.

As per the initial case registered at Bund Garden police station in Pune on October 11, 2009, two men on a motorcycle opened fire at Bhosale’s Scorpio while he was out campaigning. Bhosale escaped unhurt, but a bullet struck his driver, Shakeel Sayyed. As a result, a case of attempted murder was registered. The assailants were later identified and found to be linked to Rajan’s close aide, Farid Tanasha.

The prosecution had claimed that Pune based businessman Surendra Agarwal allegedly had a dispute with his brother RK Agarwal, over a piece of land. To sort out the dispute, he took help of henchman of Chhota Rajan to persuade his brothers to hand over the property.

Surendra also held several meetings with alleged Rajan aide Vijay Tambat. Besides, Bhosle, a close friend of Surendra’s brother, was also involved in mediating. It was alleged that as things were not going his way, the accused allegedly hatched a conspiracy to attack Bhosle.

The court while granting bail to him said, the prosecution has so far examined 23 witnesses in the case so far. However, the main accused Surendra, was on bail since the beginning, the court said while granting bail to Rajan.

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Crime

DRI seizes 2 leopard skins, wild boar horn; two suspects apprehended

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Bhopal, May 6: The Directorate of Revenue Intelligence (DRI) Nagpur unit, under the Mumbai Zonal jurisdiction, successfully apprehended two individuals engaged in illegal trade and possession of leopard skins.

Following the seizure, the confiscated wildlife articles and the detained individuals were handed over to the District Forest Division of Ujjain for further investigation in accordance with the Wild Life (Protection) Act, 1972.

The operation, conducted in Ujjain, Madhya Pradesh, resulted in the seizure of two leopard skins with heads, along with an ivory (wild boar horn), from the suspects.

Acting on specific Intelligence regarding attempts to sell these prohibited wildlife items, the DRI team intervened at a hotel in Ujjain on the morning of May 4 leading to the suspects’ capture.

The seized leopard skins and ivory were confiscated under the Wild Life (Protection) Act, 1972, which strictly prohibits the trade, purchase, or possession of leopard skins or any part of the animal, as leopards are listed under Schedule I of the Act.

The agency is active in various wildlife enforcement actions, including a recent operation in Rajasthan’s Rajsamand district, where it seized two leopard hides and 18 leopard nails, leading to the arrest of five individuals.

In March 2024, another mission in Vizag city resulted in the seizure of a leopard skin and the apprehension of four traffickers.

Additionally, DRI’s Pune unit intercepted a leopard skin in Akola, Maharashtra, leading to the arrest of three persons.

This operation is part of DRI’s ongoing efforts to combat wildlife trafficking.

Earlier in January 2025, the Nagpur unit intercepted three individuals in Maharashtra’s Akola district and recovered one leopard skin.

These successful missions reaffirm DRI’s steadfast commitment to curbing illegal wildlife trade and safeguarding India’s biodiversity.

Employing its Intelligence-based approach and enforcement capabilities, the DRI continues to dismantle trafficking networks and enforce wildlife protection laws in collaboration with other agencies.

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Crime

12 more militants apprehended in Manipur, large cache of arms recovered

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Imphal, May 6: Security forces have arrested 12 more militants, including a woman cadre, of different outfits and recovered a large cache of arms and ammunition in Manipur during the past 24 hours, officials said on Tuesday.

A police spokesman said that of the 12 militants apprehended, 11 belong to the Kangleipak Communist Party (KCP) outfit and one to the People’s Liberation Army (PLA) group.

The militants, including a woman cadre, were arrested from four districts — eight from Imphal East, one from Imphal West, two from Thoubal, and one from Kakching.

A large cache of arms and ammunition, including AK series/A1/M4/self-loading rifles, .303 rifles, pistols, camouflage uniforms, mobile phones, various electronic devices, incriminating documents and various other materials were recovered from the militants.

These extremists were involved in kidnapping, threatening people, various types of crimes, forcible collection of money from government employees, contractors, traders and common people.

The security forces, comprising Central and state forces, arrest militants of different outfits almost every day.

Meanwhile, police, during the past 24 hours, have recovered six more stolen vehicles in a special drive conducted for the recovery of stolen/snatched vehicles from anti-social elements/ miscreants.

Amid the ethnic violence in Manipur, widespread theft of cars and two-wheelers was reported, and 151 stolen cars and 30 two-wheelers have been recovered since April 16 from different places in the state when a special drive for the recovery of stolen/snatched vehicles was launched.

Combined security forces have continued search operations and area domination in the fringe and vulnerable areas of hill and valley districts. Manipur has two National Highways — the Imphal-Jiribam National Highway (NH-37) and the Imphal-Dimapur National Highway (NH-2), both very crucial to bring in foodgrains, various essentials and useful items, medicines, transport fuels, construction materials, machineries, and numerous other commodities from outside the state. To prevent any attack or any untoward incident, the security forces provide escorts to all kinds of vehicles when they move through the National Highways.

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