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The Hindu
The Hindu
National
PTI

Siphoning of RFL funds: Supreme Court dismisses interim bail plea of Shivinder Mohan Singh

Shivinder Mohan Singh RFL Fortis Healthcare REL Religare

The Supreme Court on March 16 dismissed the plea for interim bail of former Fortis Healthcare promoter Shivinder Mohan Singh who along with others is accused of misappropriating ₹2,397 crore of Religare Finvest Ltd. (RFL) funds.

Mr. Singh had sought interim bail for a short period on “humanitarian grounds” for helping his ailing mother to take part in the last rituals of his maternal uncle, who died on March 8 in Haryana.

“We are of the opinion that the presence of the accused was not a must...,” said a Bench of Justices M.R. Shah and B.V. Nagrathna while dismissing the plea.

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