Kashmir Indepth

Court grants bail to former Chairman J&K Cooperative bank in Rs 300 cr Scam case

Srinagar, Dec 16 (KINS): Jammu and Kashmir High Court today granted bail to Mohammad Shafi Dar, Ex-Chairman of J&K State Co-operative Bank Ltd., in the Rs. 300 crore-J&K State Co-operative Bank land scam.
Dar was represented by Advocate Faizan Nazir and Bashir Ahmed Dar Sr. AAG appeared on behalf of the Union Territory of J&K.
A single-judge bench comprising Justice Sindhu Sharma noted the fact that the money taken from the bank was paid to the owners of land, who executed a power of attorney in favour of the Chairman of the Jhelum Co-operative Society.
The High Court further noted that the investigation in the matter was complete in respect of Dar, including the filing of the charge sheet and supplementary charge sheet, and accordingly, the custody of Dar was not required.
The H High Court has granted the bail subject to the furnishing of a personal bond as well as a surety bond to the tune of Rs. 50,000 each to the satisfaction of the Registrar Judicial of the High Court of Jammu & Kashmir at Srinagar.(KINS)

Related posts

Saudi’s final call and national international Covid 19 protocol to decide Haj 2021: Naqvi

Kashmir Indepth

Day 45: Some semblance of normalcy in Kashmir

Kashmir Indepth

JKEDI holds boot camp for college students at Kulgam

Kashmir Indepth

Governor Malik starts wider consultations to prevent killings of unprotected politicians

Kashmir Indepth

Follow 5 steps to protect child’s mental well-being during COVID: LG

Ankit Sharma

J&K Govt Orders Ban On Transfer Of Teachers For 2 Months

Kashmir Indepth

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy