Courtroom grants bail to former Chairman J&Ok Cooperative financial institution in Rs 300 cr Rip-off case
Srinagar, Dec 16: Jammu and Kashmir Excessive Courtroom right this moment granted bail to Mohammad Shafi Dar, Ex-Chairman of J&Ok State Co-operative Financial institution Ltd., within the Rs. 300 crore-J&Ok State Co-operative Financial institution land rip-off.

Dar was represented by Advocate Faizan Nazir and Bashir Ahmed Dar Sr. AAG appeared on behalf of the Union Territory of J&Ok.

A single-judge bench comprising Justice Sindhu Sharma famous the truth that the cash taken from the financial institution was paid to the homeowners of land, who executed an influence of legal professional in favour of the Chairman of the Jhelum Co-operative Society.

The Excessive Courtroom additional famous that the investigation within the matter was full in respect of Dar, together with the submitting of the cost sheet and supplementary cost sheet, and accordingly, the custody of Dar was not required.

The H Excessive Courtroom has granted the bail topic to the furnishing of a private bond in addition to a surety bond to the tune of Rs. 50,000 every to the satisfaction of the Registrar Judicial of the Excessive Courtroom of Jammu & Kashmir at Srinagar (KNS)

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