{"id":53665,"date":"2018-08-29T11:43:30","date_gmt":"2018-08-29T06:13:30","guid":{"rendered":"http:\/\/www.indialegallive.com\/?p=53665"},"modified":"2018-08-29T11:49:56","modified_gmt":"2018-08-29T06:19:56","slug":"rs-2000-crore-siphoning-delhi-hc-grants-bail-former-bhushan-steel-promoter","status":"publish","type":"post","link":"https:\/\/www.indialegallive.com\/constitutional-law-news\/courts-news\/rs-2000-crore-siphoning-delhi-hc-grants-bail-former-bhushan-steel-promoter\/","title":{"rendered":"Rs 2000 crore siphoning: Delhi HC grants bail to former Bhushan Steel promoter"},"content":{"rendered":"<p>The Delhi High Court on Wednesday (August 29) granted bail to former Bhushan Steel promoter Neeraj Singhal in an alleged Rs 2000 crore siphoning case.<\/p>\n<p>While hearing the bail plea, the bench comprising Justices S Muralidhar, Vinod Goel asked: \u201cWhat happens to criminal liabilities of organizations in case of takeover?\u201d<\/p>\n<p>Singhal had moved the high court on August 20 after being arrested (the first person to have been arrested in serious fraud) by SFIO on August 8 for allegedly siphoning off Rs 2,000 crore from<a href=\"http:\/\/www.indialegallive.com\/topic\/bhushan-steel\"> Bhushan Steel<\/a> and Bhushan Power and Steel (companies that have been sold through NCLT intervention).<\/p>\n<p style=\"text-align: right;\"><strong><em>\u2014India Legal Bureau<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Delhi High Court on Wednesday (August 29) granted bail to former Bhushan Steel promoter Neeraj Singhal in an alleged Rs 2000 crore siphoning case. While hearing the bail plea, the bench comprising Justices S Muralidhar, Vinod Goel asked: \u201cWhat happens to criminal liabilities of organizations in case of takeover?\u201d Singhal had moved the high [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":53671,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[246],"tags":[48599,950,48600],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/d2r2ijn7njrktv.cloudfront.net\/IL\/uploads\/2018\/08\/29114302\/Bhushan-Steel.jpg","_links":{"self":[{"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/posts\/53665"}],"collection":[{"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/comments?post=53665"}],"version-history":[{"count":0,"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/posts\/53665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/media\/53671"}],"wp:attachment":[{"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/media?parent=53665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/categories?post=53665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/tags?post=53665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}