The Bombay High Court on Friday refused to grant immediate relief to the Managing Director and Chief Executive Officer of Edelweiss Asset Reconstruction Company Limited, Raj Bansal, and its chairperson, Rashesh Shah, till August 18, who have been booked for allegedly abetting the suicide of art director Nitin Desai.
A Division Bench of Justices Nitin Sambre and R.N. Laddha was hearing a petition to quash a First Information Report (FIR) against them for allegedly abetting Desai’s suicide.
Senior advocate Amit Desai, appearing for the duo, requested the court to grant them protection from arrest till the next date of hearing. Public prosecutor Aruna Kamat Pai opposed the request and said the FIR was registered only last week and that the probe was still on. The court said, “Wait for a week. Next week we will consider”, and refused to grant any interim relief.