Show-cause notice issued to Mumbai jail authorities for failing to take Dhoot's signature before release on bail

A special court here has issued a showcause notice to the Arthur Road jail superintendent for failing to take the signature of Videocon Group founder Venugopal Dhoot on the personal and cash bonds submitted by him when he was released on bail in January this yearDhoot along with former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar are accused in a loan fraud case being probed by the Central Bureau of Investigation CBI Dhoot was released from the Arthur Road jail on January 20Special CBI court judge M R Purwar issued the notice to the jail superintendent on April 1 The detailed order was made available on WednesdayDhoot was admitted to a hospital following his release from the prisonConsidering his continued hospitalisation the court accepted Dhoots prayer for acceptance of surety without his personal presenceThe Bombay High Court had granted bail to Dhoot on January 20 this year on executing a personal bond of Rs 1 lakh with one or more sureties The court had allowed him to be released on a cash bond of Rs 1 lakh and granted two weeks to submit the sureties Dhoot had submitted the personal bond as well as the cash bond with the prison to be releasedAlso readMumbai reports first Covid19 death in 78 days active cases mount to 1244While issuing the showcause notice to the prison department the court noted that on March 31 this year the court is in receipt of original PR personal recognisance bond and cash bond of applicantaccused from Arthur Road Jail by hand deliveryHowever the said PR bond and cash bond do not appear to be signed by the accused and as such it is necessary to call an explanation from the jail superintendent of the Mumbai Central Prison the court saidThe court issued the notice while hearing Dhoots plea to accept the surety in his absence as he is bedridden and is presently in hospitalDuring his judicial custody Dhoots medical condition was not good his sugar level was not under control and he faced some other health issues Immediately after his release from the prison he was shifted to a Hospital in Aurangabad through air ambulance and since then he has been in hospital itself Dhoots lawyer Sandeep Ladda submitted in the courtHe also submitted Dhoots medical papers Considering Dhoots plea the court treated it as an extraordinary circumstance and accepted the process of suretyThe CBI had named the Kochhars and Dhoot along with companies Nupower Renewables NRL managed by Deepak Kochhar Supreme Energy Videocon International Electronics Ltd and Videocon Industries Limited as accused in the FIR registered under Indian Penal Code IPC sections related to criminal conspiracy and provisions of the Prevention of Corruption Act in 2019The CBI has alleged that ICICI Bank had sanctioned credit facilities to the tune of Rs 3250 crore to the companies of Videocon Group promoted by Dhoot in violation of the Banking Regulation Act RBI guidelines and credit policy of the bankThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever