Unitech founder Ramesh granted medical bail
One-liner: The Delhi HC has granted eight-week medical bail to realty firm Unitech's founder Ramesh Chandra in a money laundering case against him.
Personal bond: Justice Jasmeet Singh released Chandra on medical grounds and asked him to furnish a personal bond to the tune of ₹25,000 with a surety bond of the like amount.
Condition quite serious: The court noted that from the medical record, it was clear that Chandra's condition was quite serious and his ailments have assumed larger proportions on account of age.
Cognitive impairment: He is suffering from cognitive impairment and dementia. He is also in need of cardiological as well as neurological assistance and has had numerous falls, weight loss, memory loss, etc, noted the court in its order dated July 28.
- For the above reasons, the court is of the view that the petitioner needs to be enlarged on medical bail for a period of eight weeks
Direction: While directing his release, the court asked Chandra not to use any mobile phone and to remain in his house except for visits to the hospital.
- The court also said that for every trip to and from the hospital, he shall inform the investigating officer concerned before leaving and after returning back
ED's objection: The ED told the court that all necessary medical assistance was being provided to the accused in jail and if he is released on medical bail, he would interfere with the investigation.