{"id":46296,"date":"2016-12-23T09:10:52","date_gmt":"2016-12-23T03:40:52","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=46296"},"modified":"2016-12-23T09:10:52","modified_gmt":"2016-12-23T03:40:52","slug":"cbi-court-adjourns-bail-pleas-reddy-4-others-dec-27","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/cbi-court-adjourns-bail-pleas-reddy-4-others-dec-27","title":{"rendered":"CBI Court adjourns bail pleas of Reddy, 4 others to Dec 27"},"content":{"rendered":"<figure id=\"attachment_38818\" aria-describedby=\"caption-attachment-38818\" style=\"width: 300px\" class=\"wp-caption alignright\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"38818\" data-permalink=\"https:\/\/www.legalindia.com\/news\/cwg-street-lighting-scam-cbi-for-strict-sentence-for-convicts\/cbi1-300x202\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/09\/CBI1-300x202.jpg?fit=300%2C202&amp;ssl=1\" data-orig-size=\"300,202\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"CBI1-300&amp;#215;202\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/09\/CBI1-300x202.jpg?fit=300%2C202&amp;ssl=1\" class=\"wp-image-38818 size-medium\" src=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/09\/CBI1-300x202-300x202.jpg?resize=300%2C202&#038;ssl=1\" alt=\"CBI Court adjourns bail pleas of Reddy, 4 others to Dec 27\" width=\"300\" height=\"202\" \/><figcaption id=\"caption-attachment-38818\" class=\"wp-caption-text\">CBI Court adjourns bail pleas of Reddy, 4 others to Dec 27<\/figcaption><\/figure>\n<p>A CBI court today adjourned till December 27 the hearing on the bail pleas of mining baron Shekar Reddy and his associate Srinivasalu in connection with the case of alleged seizure of 127 kg gold and over Rs 170 crore in cash from their premises by the Income Tax department.<\/p>\n<p>They were arrested on December 21 and CBI had stated in its FIR that the case against them was that the two had exchanged Rs 34 crore as new currency out of the total seized amount.<\/p>\n<p>CBI had yesterday arrested Premkumar, auditor of Reddy and quarry contractors Ratnam and Ramachandran.<\/p>\n<p>The five had changed the currency within 24 days from the date the demonetisation was announced (November 8), the FIR stated.<\/p>\n<p>All the five are under judicial custody.<\/p>\n<p>Special Judge for CBI cases Vijayalakshmi adjourned the bail pleas of the five and CBI&#8217;s application seeking their custody to December 27.<\/p>\n<p>The five have been charged under IPC sections 409 (criminal breach of trust by public servant, or by banker, merchant or agent), 420 (cheating and dishonestly inducing delivery of property) and 120B (punishment of criminal conspiracy) and under 13(1) and (2) of Prevention of Corruption Act.<\/p>\n<p>The judge also directed the prison authorities to consider the pleas by the five for first class facility in the jail in accordance with the law.<\/p>\n<p>( Source &#8211; PTI )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A CBI court today adjourned till December 27 the hearing on the bail pleas of mining baron Shekar Reddy and his associate Srinivasalu in connection with the case of alleged seizure of 127 kg gold and over Rs 170 crore in cash from their premises by the Income Tax department. They were arrested on December [&hellip;]<\/p>\n","protected":false},"author":38299,"featured_media":38818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[38318,47750,146,31987,117,80,38319],"class_list":["post-46296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-bail-pleas-of-reddy","tag-cbi-court","tag-court","tag-featured","tag-law","tag-legal-news","tag-shekar-reddy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CBI Court adjourns bail pleas of Reddy, 4 others to Dec 27 - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"A CBI court today adjourned till December 27 the hearing on the bail pleas of mining baron Shekar Reddy and his associate Srinivasalu in connection with - Get the latest legal news from the Supreme Court, High Courts, and government. 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Judge Venkatasamy of the 11th CBI court dealing with bank fraud cases sent all of them\u2026","rel":"","context":"In &quot;High Profile Cases&quot;","block_context":{"text":"High Profile Cases","link":"https:\/\/www.legalindia.com\/news\/category\/high-profile-cases"},"img":{"alt_text":"Reddy, associates remanded in JC till Jan 17","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/09\/CBI1-300x202-300x202.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":13352,"url":"https:\/\/www.legalindia.com\/news\/court-adjourns-janardhana-reddys-bail-plea-to-sep-29","url_meta":{"origin":46296,"position":2},"title":"Court adjourns Janardhana Reddy&#8217;s bail plea to Sep 29","author":"Legal India Admin","date":"September 23, 2011","format":false,"excerpt":"Hyderabad, The ongoing 'Sakala Janula Samme' (general strike) by lawyers of Telangana region today forced the CBI Special court to adjourn the hearing of bail pleas of former Karnataka Minister Gali Janardhana Reddy and his brother-in-law Srinivasa Reddy on illegal iron ore mining to September 29. \u00a0 With lawyers from\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13338,"url":"https:\/\/www.legalindia.com\/news\/court-adjourns-cbis-custody-petition-to-sept-23","url_meta":{"origin":46296,"position":3},"title":"Court adjourns CBI&#8217;s custody petition to Sept 23","author":"Legal India Admin","date":"September 22, 2011","format":false,"excerpt":"Hyderabad,\u00a0A special court today adjourned till September 23 the hearing on CBI plea seeking further custody of Former Karnataka Minister Gali Janardhana Reddy and Managing Director of Ombulapruam Mining Company B V Srinivas Reddy arrested in connection with illegal iron ore mining. 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