Malvinder Mohan Singh sought bail on the ground of parity that Shivinder Mohan Singh, his brother and co-accused in the case, had been granted bail by the Delhi High Court on July 23.
A Delhi court Tuesday dismissed a bail application of former Fortis Healthcare promoter Malvinder Mohan Singh in a money laundering case related to alleged misappropriation of funds at Religare Finvest Ltd (RFL).
The bail application of erstwhile Religare promoter, Malvinder Mohan
Malvinder Mohan Singh was rejected on Tuesday 25th August in a case filed by the Enforcement Directorate.
The District and
Sessions Judge, Sandeep Yadav, South East District in the Saket Courts rejected
the bail plea.
“Keeping in view
the severity of offence and magnitude of amount involved, possibility of
witnesses being influenced by the accused and other relevant factors as discussed above in this order, it is concluded that
accused Malvinder Mohan Singh is not entitled to bail.
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