Bank fraud case: Bombay High Court refuses to grant interim relief to Shiv Sena's Anandrao Adsul
The Hindu
The ED case against the former Shiv Sena MP pertains to alleged irregularities of ₹980 crore in the City Cooperative Bank, of which he was former chairman
The Bombay High Court on Friday refused to pass any order granting interim protection from coercive action to Shiv Sena leader and former MP Anandrao Adsul in connection with an alleged ₹980 crore fraud at the City Co-operative Bank.
Mr. Adsul had moved HC this week challenging the case and the summons issued by the Enforcement Directorate (ED) directing him to appear before it for questioning.
Mr. Adsul's counsel Abhinav Chandrachud told a division bench of Justice S.S. Shinde and Justice N.J. Jamadar that proceedings initiated by ED were at the instance of political rivals with the support of the ruling party at the Centre.