NSE Case: Court Defers Order On Bail Pleas Of Chitra Ramkrishna, Arvind Subramanian
NDTV
A Special Court on Monday deferred passing the order on bail petitions of Chitra Ramkrishna and Arvind Subramanian in connection with the NSE co-location case for May 12.
A Special Court on Monday deferred passing the order on bail petitions of Chitra Ramkrishna and Arvind Subramanian in connection with the NSE co-location case for May 12.
Special CBI Judge Sanjeev Aggarwal on April 28, kept the order reserved and said that arguments were heard at length on bail application u/s 439 CrPC moved on behalf of accused Chitra Ramkrishna and concluded. Further arguments were also heard at length on the second bail application of Arvind Subramanian filed U/S 437/439 CrPC moved on behalf of the accused and concluded.
CBI recently had arrested Chitra Ramkrishna a former managing director and chief executive officer of the National Stock Exchange (NSE) and Anand Subramanian as Group Operating Officer and Advisor to MD in connection with the NSE co-location case.
CBI in its reply in court had stated that the applicant Chitra Ramkrishna is highly influential and may tamper with the documentary/ digital evidence and manipulate the witnesses if released on bail. The petitioner was a high ranking official of NSE during the relevant period. Incriminating evidence has already come to the fore against her. The consequences of granting bail will adversely affect the investigation.
