New Delhi   

Released on bail

NEW DELHI: Auto component company JBM’s chairman S. K. Arya, who was accused of evading Customs duty at Indira Gandhi International Airport here this past Tuesday, has been released by a court on bail.

Granting bail to the accused, Additional Sessions Judge Amarnath asked him to furnish a personal bond and a surety of Rs.1 lakh each. The court granted bail after it was submitted that Rs.8 lakh had already been paid to the Customs in connection with the alleged evasion.

The Customs officials had arrested the chairman of the Pune-based firm, which supplies auto components to major car companies in the country, when he allegedly did not declare a wrist watch and other expensive items amounting to Rs.7 lakh.

The accused was produced at the residence of Metropolitan Magistrate Ravinder Bedi late on the night of July 15 with his counsel seeking bail on the ground that the offence was bailable.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

A taste of world’s greatest cheese
A special world of music from North-East
BJP revokes suspension of MP
Antony orders probe into ‘harassment’ of woman officer
India, Myanmar to expand trade ties
Centre explains procedure on appointment of judge
Expressway users cannot escape toll
French scholarships for five Indian students
We stand united, says NDA
IP University offering more seats this academic year
British varsity opens its first office in India
Discussion on N-deal
Sheila conducts surprise check of Metro
Traders’ Day planned
‘Protect the interests of women workers’
Released on bail
Held for murder
Japanese funding for INTACH
Delhi High Court jurisdiction may be extended to NCR
Power cuts reported
MCD schools to get boundary walls
Reject revised drafts for world trade talks: CPI(M)

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu