• About   |
  • Write For Us   |
  • Contact Us   |
  • हिंदी
Monday, May 23, 2022
  • Login
  • Register
No Result
View All Result
The Second Angle
NEWSLETTER
  • Opinion
  • TSA Analysis
  • Explainers
  • Politics
  • Culture
  • People
  • Education
  • Healthcare
  • Environment
  • Technology
  • World
The Second Angle
  • Opinion
  • TSA Analysis
  • Explainers
  • Politics
  • Culture
  • People
  • Education
  • Healthcare
  • Environment
  • Technology
  • World
Home News

In the case of the Kingfisher Airlines loan, the Bombay High Court granted former SBI chairman permission to fly abroad.

The court, on the other hand, ordered Bhatt to keep the central agency aware of his travel plans and other relevant information.

Nabiha Omar by Nabiha Omar
April 9, 2021 - Updated on May 9, 2022
in News, Finance
Reading Time: 2 mins read
A A
Airlines
Share on FacebookShare on WhatsApp

The Bombay High Court on Thursday granted former State Bank of India (SBI) chairman Om Prakash Bhatt permission to fly abroad after the CBI summoned him for questioning over loans to fugitive businessman Vijay Mallya’s Kingfisher Airlines.

The court, on the other hand, ordered Bhatt to keep the central agency aware of his travel plans and other relevant information.

RelatedPosts

SC releases Rajiv Gandhi’s Assassination Convict A.G Perarivalan

SC releases Rajiv Gandhi’s Assassination Convict A.G Perarivalan

May 19, 2022
NRI Affairs, a platform dedicated to the NRIs and OCIs; Celebrates its first anniversary

NRI Affairs, a platform dedicated to the NRIs and OCIs; Celebrates its first anniversary

May 2, 2022

On April 8, a division bench of Justice S S Shinde and Justice Manish Pitale handed down a decision on Bhatt’s writ petition, which he filed after being harmed by travel restrictions.

Dhakephalkar claimed that the petitioner was “forced” to file the petition because he did not want to attempt to fly abroad without clarity, fearing that he would be detained further at the airport, damaging his credibility.

Bhatt said that on February 19, 2018, he received a letter from the CBI’s special investigation team (SIT) requesting that he appear in its Delhi office for questioning concerning charges filed against Mallya, the then-owner of Kingfisher Airlines.

In the case of the Kingfisher Airlines loan, the Bombay High Court granted former SBI chairman permission to fly abroad.
image source: wikipedia

The CBI had summoned him in connection with loans made to airlines during Bhatt’s time as chairman of the SBI. Bhatt said that he appeared before the CBI on March 29, 2018, and answered their questions, but that he was never called back for further questions.

Bhatt went on to say that he had traveled abroad for business and pleasure before returning to India. He mentioned that he is not a defendant in the airline case or any other court case.

ADVERTISEMENT

The court observed that the CBI did not even contend that allowing Bhatt to leave the country would jeopardize India’s security or dignity. It was also noted that the CBI had made no submissions about any recovery owed to the complainant.

“There can be no question that the complainant would cooperate with the CBI,” the bench said. However, it cannot be said that the CBI had the authority to place limits on the petitioner’s ability to fly abroad. The writ petition needs to be granted, but the appellant must be subjected to such provisions in the cause of justice.”

“If the CBI finds any incriminating evidence to move against the complainant in compliance with the statute, the instant judgment and order will not stand in the way of the agency,” the court said.

Also, Checkout: Bill Hwang founded a $10 billion investment fund that disintegrated in a matter of days.

ShareSendTweet

Subscribe to our Push Notifications to get the news delivered to you directly before anyone else.

Unsubscribe
Nabiha Omar

Nabiha Omar

Related Posts

SC releases Rajiv Gandhi’s Assassination Convict A.G Perarivalan
News

SC releases Rajiv Gandhi’s Assassination Convict A.G Perarivalan

May 19, 2022

Perarivalan was released under the Article 142 the allows the Supreme Court to pass orders on pending matters

Read more
NRI Affairs, a platform dedicated to the NRIs and OCIs; Celebrates its first anniversary
News

NRI Affairs, a platform dedicated to the NRIs and OCIs; Celebrates its first anniversary

May 2, 2022

Australia’s most viewed Indian diaspora-focused news site marks a milestone with 223,000 page views.

Read more
Walls of AMU
Education

Students paint Walls of AMU with slogans and questions, demand offline classes resumption

March 26, 2022

The walls of AMU contribute significantly to any protest by its students. As it was witnessed earlier during the Anti-CAA...

Read more
Planning To Trade In Ripple? Here Are Facts To Know About Ripple
Finance

Planning To Trade In Ripple? Here Are Facts To Know About Ripple

March 12, 2022 - Updated on May 9, 2022

Cryptocurrency is a digital money transaction of currency, and any other authority or non-authoritative group cannot forfeit this. It is...

Read more
Bitcoin: Price History!
Finance

Follow These Tips To Minimize Some Common Bitcoin Trading Risks

March 12, 2022

Till date, Bitcoin ranks to be one of the top-perform crypto assets. Experts believe it will become a successful investment...

Read more
trade bitcoin smartly and safely!
Finance

Tips to trade bitcoin smartly and safely!

March 12, 2022

When Bitcoin materialized in 2009, it gained attention from the technical and financial industries. It did not gain much attention...

Read more
Load More
Next Post
Fertilisers to be sold at previous rates, Price hike withdrawn

Fertilisers to be sold at previous rates, Price hike withdrawn

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Facebook Twitter Instagram Telegram

About

The Second Angle

A platform providing diverse views on various issues, providing an in-depth understanding of important developments happening around us. It offers you true journalism amidst the cacophony. Discover the latest news, opinions, analysis and a lot more here.

Important Links

  • About
  • Career
  • Write for us | The Second Angle
  • Support Us
  • Privacy Policy
  • Terms
  • Contact Us
  • Newsletter
  • हिंदी

Subscribe to Our Newsletter

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

© 2017-22. The Second Angle. All Rights Reserved.

No Result
View All Result
  • Opinion
  • TSA Analysis
  • Explainers
  • Politics
  • Culture
  • People
  • Education
  • Healthcare
  • Environment
  • Technology
  • World
  • Login
  • Sign Up

© 2017-22. The Second Angle. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version