Delhi Court Grants Bail To Supertech Promoter Ram Kishor Arora In Money Laundering Case

Ram Kishor Arora was granted bail in the ₹700 crore money laundering case by a Delhi Court. Additional Sessions Judge Devender Kumar Jangala of Patiala House Courts approved Arora's third bail plea, citing the completion of the investigation and filing of the prosecution complaint.

The court emphasized that all evidence is documentary and Arora voluntarily cooperated with the investigation. Arora had previously been granted interim bail on medical grounds, showing no misuse of liberty. The court deemed him not a flight risk. Arora and his company, M/s Supertech Limited, were accused of cheating home buyers and diverting funds.

The court noted their efforts to resolve disputes with buyers. Arora was granted bail on a bail bond of Rs. 1 lakh with two sureties.