A S Bindra gets bail

A city court on Friday granted interim bail to A S Bindra,father of Olympic gold medal winning shooter Abhinav Bindra,in connection with a case of allegedly defrauding a bank and a finance company of Rs 9.31 crore.

Additional Chief Metropolitan Magistrate Ajay Pandey allowed Bindra’s bail till June 5,asking him to comply with the terms of the compromise reached between him and the complainant. “The applicant is released on bail on furnishing of a personal bond of Rs 5 lakh and two sureties of like amount. He will have to surrender his passport in the court within a week,” the court said.

The court also turned down the contention of the Economic Offences Wing,which had opposed the bail,that Bindra’s presence before it was necessary for concluding pending investigations. Bindra,who was arrested on May 13 from his farmhouse in Zikarpur in Punjab,after a non-bailable warrant was issued against him,is presently hospitalised in Chandigarh.