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2019 (11) TMI 347 - HC - Indian LawsAnticipatory bail - siphoning of funds - it is alleged that alleged that the funds from Bhushan Steel Ltd. and Bhushan Energy Ltd. were siphoned off through a complex web of companies - HELD THAT:- This Court finds no reason why the petitioner’s application would not be given the consideration it deserves. However, given the peculiar facts and circumstances of this case; considering that the petitioner (Shri Brij Bhushan) is 82 years of age and was not been arrested during the span of investigation and considering that Smt. Ritu Singal is aged 47 years and is woman and a part of the family, which allegedly control the companies, this Court is of the view that it would be apposite that the petitioners not be arrested immediately. The petitioners shall appear before the trial court on the date fixed, that is. 14.10.2019 and are liberty to apply for a regular bail. In the event, the trial court declines their applications, the said order would not be given effect to for a period of seven days, thereafter, and during this period, the petitioners would not be arrested. This would enable the petitioners to avail any other remedies as available in law. Bail application disposed off.
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