Orders on CBI plea for DCHL promoters custody Feb 21

Posted on 20th Feb 2015 11:18 am by mohit kumar

Hyderabad, Feb 19 (IANS) A CBI court posted, for Feb 21, its orders on a petition by the CBI for 14 day police custody of the promoters of Deccan ChronicleAHoldings Limited (DCHL).

The court heard arguments on the petition filed by the Central Bureau of Investigation (CBI) and fixed Feb 21 as the date pronouncing the orders.

The CBI Feb 15 arrested DCHL chairman, T. Venkattram Reddy, and managing director T. Vinayaka Ravi Reddy in connection with an alleged loan fraud case.

The Canara Bank had lodged a complaint with the CBI against the company promoters in 2013, after the company defaulted on a loan amounting to over Rs.350 crore.

The CBI counsel explained the need to interrogate the brothers for two weeks to get to the bottom of the case.

The DCHL, which published English daily Deccan Chronicle, argued that the arrests were made in violation of the Supreme Court orders issued earlier.

Meanwhile, the court also admitted for hearing a petition filed by Venkattram Reddy seeking special category status.

Other news

'Why this discrimination', Pakistan again raised the issue of Team India playing all matches in Dubai; Rajiv Shukla gave a befitting reply

Pakistan is hosting the Champions Trophy 2025, but Team India has already refused to go to Pakist

How did the economy get back on track after Covid? Jaishankar's discussion with UAE counterpart

Foreign Minister S Jaishankar once again held "fruitful talks" with his UAE counterpart Sheikh Ab

NIA Raid: Big action by NIA, ED, and police in many states in PFI case, more than 100 cadres arrested

The joint team of the National Investigation Agency (NIA), Enforcement Directorate (ED), and stat

The Omicron variant running in China caused havoc, and killed many famous artists, actors, and opera singers

According to a report by the global television network NTD, the recent outbreak of Omicron infect

Samsung Galaxy F12 launched in India, will get a 6000mAh strong battery in low price

Tech company Samsung has launched both new smartphones under its F series in India. The company h

AP Board Practical Exams: New schedule of AP Board 12th practicals will be released soon, the exam was postponed

AP Board Practical Exams: Andhra Pradesh Board of Intermediate Education (BIEAP) has postponed th

Mukhtar Ansari: Don Mukhtar's body can be examined even after 20 years, buried specially; Afzal's big claim

The family did not hurry even once in burying the body of mafia Mukhtar Ansari. The Ansari family

PAK vs AUS: Australian cricketer who grew up copying Shane Warne will debut against Pakistan, Pat Cummins announces playing XI

The second match of the three-Test series between Pakistan and Australia is to be played in Karac

Welcome Modi's remarks on religious freedom: EU

New Delhi, Feb 18 (IANS) The European Union Wednesday welcomed Prime Minister Narendra Modi's s

Medical Student: Students worried about medical studies in China, Indian embassy talks to medical colleges

India has conveyed to China the recent stringent regulations issued by the National Medical Commi