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Bombay HC Stays Bail Granted to Former IL&FS CEO & Vice Chairman - (06 Apr 2020)

CRIMINAL

Bombay High Court has stayed the bail granted to former Managing Director and Chief Executive Officer (CEO) of Infrastructure Leasing and Financial Services (IL&FS) Financial Services Ltd, Ramesh Bawa and former Vice Chairman, Hari Sankaran, observing that they have been accused of offenses punishable with more than 7 years, making them ineligible to be released on parole.

Tags : BOMBAY HIGH COURT   BAIL   RAMESH BAWA   HARI SANKARAN  

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