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Delhi HC refuses to extend interim bail of Ramesh Chandra

The Business Guardian

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March 17, 2024

The Delhi High Court declined to further extend the interim medical bail granted to realty firm Unitech's founder Ramesh Chandra in a money laundering case and directed him to surrender before the jail superintendent on Saturday.

Justice Anoop Kumar Mendiratta noted that the petitioner was implicated in serious offenses involving the diversion of over Rs 5,000 crore belonging to home buyers, who were "duped" and are now homeless. He cannot assert bail as a matter of right solely for treatment at a specialized hospital of his choosing, the judge stated. However, the court directed the jail superintendent to ensure that necessary medical treatment is provided to Chandra according to jail regulations to safeguard his life.

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