Company Law Board chairman gets bail
January 14th, 2010 - 9:28 pm ICT by IANSNew Delhi, Jan 14 (IANS) The Delhi High Court Thursday granted bail to suspended chairman of Company Law Board R. Vasudevan in a graft case but restrained him from going outside the national capital.
Justice V.K. Shali granted bail to Vasudevan who has been in custody since Nov 23 when Central Bureau of Investigation (CBI) officials arrested him for allegedly accepting a bribe of Rs.7 lakh to pass a favourable order.
The court asked him to furnish a personal bond of Rs. 50,000 and two sureties of the same amount. He has also been directed to report to the CBI headquarters on a weekly basis.
The CBI lodged a case against Vasudevan under various provisions of the Indian Penal Code and the Prevention of Corruption Act after carrying out searches at several locations in Delhi, Kolkata and Chennai.
The agency told the court that it has recovered Rs.55 lakh in cash, including the alleged bribe amount, from Vasudevan’s residence here.
- 2G scam case: Delhi High Court stays Chandolia's bail (Lead) - Dec 02, 2011
- Cut surety amount, Jaya Jaitly tells court (Lead) - May 10, 2012
- 2G case: Delhi High Court stays Chandolia's bail (Second Lead) - Dec 02, 2011
- Newspaper's company secretary gets bail in bribe case - Jan 16, 2010
- 2G scam: Raja's ex-private secretary Chandolia gets bail (Second Lead) - Dec 01, 2011
- After Kalmadi, his aides Bhanot, Jayachandran get bail (Lead) - Jan 22, 2012
- High Court dismisses Amar Singh's plea - Jan 13, 2012
- High Court reduces Jaya Jaitley's surety amount - May 14, 2012
- 2G case: Shahid Balwa gets bail, Chandolia's plea pending (Second Lead) - Nov 29, 2011
- Court notice to CBI on Jaya Jaitley plea - May 11, 2012
- Kalmadi gets bail after nine months in jail (Lead) - Jan 19, 2012
- CWG scam: Three more granted bail (Lead) - Jan 24, 2012
- 2G case: Kanimozhi, four others get bail - Nov 28, 2011
- Naval war room leak case: 2 former officers granted bail - May 11, 2012
- 3 MCD officials get bail in CWG graft case - May 31, 2012
Tags: board chairman, bribe, cbi officials, central bureau of investigation, company law board, delhi high court, graft case, indian penal code, kolkata, lakh, New Delhi, personal bond, prevention of corruption act, provisions, rs 50, shali, sureties, vasudevan