Delhi High Court Approves Bail for Two in ₹200 Crore Extortion Case
Delhi HC grants bail to 2 accused in Rs 200 crore extortion case
Image: Asianet Newsable
The Delhi High Court has granted bail to Deepak Ramnani and Pradeep Ramdanee in a ₹200 crore extortion case, citing their prolonged custody and delays in the trial process. They must provide a personal bond and sureties for their release.
- 01The bail was granted due to the lengthy custody of the accused and delays in the trial process.
- 02Justice Prateek Jalan emphasized the need for bail considering the roles of the accused in the alleged offences.
- 03Both accused are required to furnish a personal bond of ₹2.5 lakh and two sureties each of the same amount for their release.
- 04The case involves allegations of receiving money and transporting it to beneficiaries under the direction of Sukesh Chandrasekhar.
- 05The Patiala House court had previously framed charges against all accused in the case.
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The Delhi High Court has granted bail to Deepak Ramnani and Pradeep Ramdanee, who are accused in a ₹200 crore extortion case. Justice Prateek Jalan noted the lengthy period of custody and the delays in the trial as key reasons for the decision. The court emphasized that both accused had been in custody for a significant time and highlighted the principle of parity with similarly placed co-accused who had already been granted bail. As part of the bail conditions, each must provide a personal bond of ₹2.5 lakh and two sureties of the same amount. Additionally, Deepak Ramnani is also released on bail concerning a money laundering case under the Prevention of Money Laundering Act (PMLA). The case, which dates back to 2021, involves allegations that the accused facilitated the transportation of extorted money to beneficiaries based on instructions from Sukesh Chandrasekhar.
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The granting of bail may influence the ongoing trial and the legal proceedings surrounding the case.
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