Economic Offences Constitute A Class Apart: SC Cancels Bail Granted To Bhushan Steel Ltd CFO Nittin Johari [Read Judgment]

LIVELAW NEWS NETWORK

13 Sept 2019 3:08 PM IST

  • Economic Offences Constitute A Class Apart: SC Cancels Bail Granted To Bhushan Steel Ltd CFO Nittin Johari [Read Judgment]

    "Specifically, heed must be paid to the stringent view taken by this Court towards grant of bail with respect of economic offences."

    While cancelling the bail granted to Nittin Johari, the Chief Financial Officer and Whole Time Director (Finance) of Bhushan Steel Ltd., the Supreme Court reiterated that the economic offences constitute a class apart and stringent view must be adopted while deciding bail applications. Serious Fraud Investigation Office had approached the Apex Court challenging the bail granted by...

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