Religare Finvest Fund: High Court Seeks Malvinder Singh’s Reply On Enforcement Directorate Plea Against Order Refusing Further Police Custody
The Delhi High Court Monday sought response of former Fortis Healthcare promoter Malvinder Singh on Enforcement Directorate’s plea challenging a trial court's order refusing to extend his police custody in a money laundering case related to alleged misappropriation of funds at Religare Finvest Ltd.
Justice Chander Shekhar also sought the response of Sunil Godhwani, former Chairman and Managing Director of Religare Enterprises Ltd. on ED's plea to extend his custodial interrogation in the case.
The ED has sought extension of police custody of Singh and Godhwani till Nov. 28.
The court listed the matter for further hearing on Tuesday.
The trial court had on Saturday dismissed the agency's application for further custodial interrogation of Singh and Godhwai and had sent them to judicial custody till remanded them to judicial custody till Dec. 7.
The agency had taken both into custody on Nov. 14 from Tihar jail, where they had been lodged due to a case filed by the Delhi Police in relation to the alleged scam.
Singh and Godhwani have been accused of laundering money, punishable under Sections 3 and 4 of the Prevention of Money Laundering Act.