A Delhi court on Thursday granted regular bail to Supertech promoter Ram Kishor Arora in the ₹700 crore money laundering case registered by the Enforcement Directorate (ED)..Additional Sessions Judge (ASJ) Devender Kumar Jangala of the Patiala House Court granted bail to Arora. .Supertech and its group companies have been accused of cheating over 800 homebuyers of ₹228 crores. On the homebuyers’ complaints, 26 first information reports (FIRs) were registered in Delhi, Haryana and Uttar Pradesh under several provisions of the Indian Penal Code (IPC). The ED arrested Arora in June 2023. The complaint was filed against him on August 24, 2023, and the court took cognisance of the same on September 26, 2023.Arora’s statutory bail plea and his petition challenging arrest by the ED were earlier rejected by the Delhi High Court..Advocates Tanveer Ahmed Mir, Yash Datt, Kartik Venu, Shashwat Sarin, Ariana Ahluwalia, Imran Ahmad and Vaibhav Suri appeared for Ram Kishor AroraED was represented by its Special Counsel Zoheb Hossain and Special Public Prosecutor NK Matta.
A Delhi court on Thursday granted regular bail to Supertech promoter Ram Kishor Arora in the ₹700 crore money laundering case registered by the Enforcement Directorate (ED)..Additional Sessions Judge (ASJ) Devender Kumar Jangala of the Patiala House Court granted bail to Arora. .Supertech and its group companies have been accused of cheating over 800 homebuyers of ₹228 crores. On the homebuyers’ complaints, 26 first information reports (FIRs) were registered in Delhi, Haryana and Uttar Pradesh under several provisions of the Indian Penal Code (IPC). The ED arrested Arora in June 2023. The complaint was filed against him on August 24, 2023, and the court took cognisance of the same on September 26, 2023.Arora’s statutory bail plea and his petition challenging arrest by the ED were earlier rejected by the Delhi High Court..Advocates Tanveer Ahmed Mir, Yash Datt, Kartik Venu, Shashwat Sarin, Ariana Ahluwalia, Imran Ahmad and Vaibhav Suri appeared for Ram Kishor AroraED was represented by its Special Counsel Zoheb Hossain and Special Public Prosecutor NK Matta.