Supertech Chairman RK Arora denied bail extension

Chairman of Supertech Limited, RK Arora at a press conference. Pic/Getty Images

A Delhi court has dismissed the plea filed by Supertech chairman and promoter RK Arora, seeking an extension of his interim bail by an additional 90 days on medical grounds, in a money laundering case.

Arora, accused of defrauding at least 670 homebuyers of Rs 164 crore, was arrested on June 27 last year after the ED re-attached properties worth Rs 40 crore belonging to him in this matter. The probe agency had, on August 24, filed the charge sheet against Arora and eight others in the matter.

Additional Sessions Judge Devender Kumar Jangala of Patiala House Courts denied Arora's plea and directed Arora to surrender before the jail authorities by 5 PM on May 13. He said that, based on the medical board's report mandated by the high court, there was no compelling reason to extend Arora's interim bail, particularly since no specific date for his alleged surgery had been set by any hospital, whether public or private.

The court noted that Arora had already been granted interim bail since January 16 of this year and that the investigation had been completed, a prosecution complaint had been filed, and cognisance had been taken.

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