A particular court docket had final week requested the CBI to file circumstances in opposition to Mr. Shourie and 4 others in reference to a resort’s sale.
The Rajasthan Excessive Court docket has stayed arrest warrants issued in opposition to former Union Minister Arun Shourie and one other accused in a case registered over the disinvestment of India Tourism Improvement Company-owned Laxmi Vilas Palace Resort in Udaipur in 2002.
A particular court docket had final week requested the CBI to file circumstances in opposition to Mr. Shourie and 4 others in reference to the resort’s sale.
Justice Dinesh Mehta on the Excessive Court docket’s principal seat in Jodhpur directed Mr. Shourie to look earlier than the trial court docket on any day by October 15 and furnish a private bail bond of ₹2 lakh and two sureties of ₹1 lakh every. The court docket additionally granted interim aid from arrest to the opposite accused, who was the disinvested resort’s valuer, and requested him to look within the trial court docket on October eight.
The resort was bought for ₹7.52 crore when Mr. Shourie was the Minister in-charge of disinvestment within the Atal Bihari Vajpayee-led Nationwide Democratic Alliance authorities on the Centre. Throughout a preliminary investigation by the CBI, the property was valued at ₹252 crore, suggesting a lack of ₹244 crore to the exchequer.
The Excessive Court docket had on Tuesday granted interim aid to a few different individuals over arrest warrants issued by the particular court docket, which had rejected the ultimate closure report filed by the CBI. The CBI informed the Excessive Court docket that no irregularity was dedicated in submitting the report, whereas the Centre’s Extra Solicitor Basic S.V. Raju contended that the trial court docket’s order was not in conformity with regulation.
Mr. Shourie’s counsel, Prashant Bhushan, stated by video-conferencing that the particular court docket had erred in passing the order to concern arrest warrant, as there was no urgency to summon him, particularly as a result of he was not even named within the first info report.
Mr. Shourie additionally sought exemption from look in individual for furnishing the bond and sureties, whereas citing his age and ill-health.