New Delhi: Delhi’s Rouse Avenue Court has postponed the decision on the regular bail plea of former Delhi government minister and money laundering case accused Satyendar Jain. Due to non-availability of Judge Rakesh Syal, the decision on the bail petition has been postponed. Today, the decision was to be taken on the regular bail plea of former Delhi government minister and accused in money laundering case Satyendar Jain.
The court had reserved the decision on 5 October. Satyendra Jain has challenged the order of issuing summons by the trial court in Delhi High Court. On July 25, the High Court had issued a notice to the ED on the petition of Satyendra Jain. During the hearing in the High Court, lawyer Vivek Gurnani, appearing for the ED, had opposed issuing notice to the ED in this case, saying that summons was issued to Satyendra Jain only in July 2022, but when the ED opposed his default bail. Then he has filed this petition.
Ignoring the arguments of ED, the High Court had ordered to issue the notice. During the hearing, senior lawyer N Hariharan, appearing for Satyendar Jain, had said that he will answer all the questions during the arguments.
Jain is accused of creating fake companies in 2009-10 and 2010-11. These companies include Akinchan Developers Private Limited, Indo Metal Impex Private Limited, Prayas Info Solutions Private Limited, Mangalayatan Projects Private Limited. Apart from Satyendra Jain, the accused in this case by ED include his wife Poonam Jain, Ajit Prasad Jain, Sunil Kumar Jain, Vaibhav Jain, Ankush Jain, M/s Akinchan Developers Pvt. Ltd., M/s Prayas Info Solutions Pvt. Ltd., Mangalayatan Projects Pvt. Ltd. And JJ Ideal Estate Private Limited have been made accused. ED had arrested Satyendra Jain on 30 May 2022.
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