SC issues notice to ED on bail plea of Supertech chairman, Real Estate News, ET RealEstate
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NEW DELHI: The Supreme Court on Monday issued notice to the Enforcement Directorate on bail plea of real estate company Supertech‘s chairman who alleged that he was arrested by the agency in violation of apex court’s order and he had not been furnished the ground of arrest till now.
A bench of Justices Aniruddha Bose and Bela M Trivedi agreed to hear R K Arora’s plea and sought response from the agency after senior advocate Abhishek Manu Singhvi submitted that his client had filed application for seeking ground of arrest on the same day when he was taken into custody but it had not been supplied to him in the last four months. Arora was arrested on June 28.
The bench asked the agency to file its response and posted the case to November 7 for further hearing. Arora approached the apex court after his plea for bail was turned down by the Delhi High Court.
He submitted in his plea that he was arrested in violation of SC order which directed that only one out of 20 projects be put under insolvency proceedings and allowed him to complete the housing projects by getting Rs 2,000 crore foreign investments.