Thane builder suicide: Court rejects jailed corporator’s plea to attend bank meet

Mulla (39) had sought permission from the anti-corruption court to attend a meeting of the Kokan Mercantile Bank on Saturday.

| Mumbai | Published: January 30, 2016 1:49:02 am
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A special court Friday rejected jailed corporator Najeeb Mulla’s application seeking permission to attend a meeting of a bank in Mazgaon. He is the chairman of the bank. Mulla and three other corporators of the Thane Municipal Corporation are in prison for allegedly driving builder Suraj Parmar to commit suicide in Thane last year.

Mulla (39) had sought permission from the anti-corruption court to attend a meeting of the Kokan Mercantile Bank on Saturday. In his application, he told the court that he had been elected as chairman in October last year. He added that after surrendering to the police in December, he had missed three board meetings this year.

The meetings, Mulla’s application added, dealt with important issues related to the bank such as “sanctioning loans, planning and development of the bank, approving membership application forms, recovery of advances made etc.”

The bank, the application said, had over 50,000 shareholders and boasted a deposit worth Rs 500 crore. “Keeping him out of the meetings would hamper the interests of the people who have elected him. He fears that he would be removed as chairman of the bank if he continues to miss meetings,” said Advocate Rounak Naik who is representing Mulla.

Mulla also expressed his willingness to pay expenses incurred by the party of police officers to escort him to Mazgaon. Earlier this month, he had been allowed by the court to attend the funeral of his aunt. However, the application was rejected as the court observed that Mulla’s absence from the board meetings would not hinder the working of the bank.

Mulla and fellow NCP corporator Hanumant Jagdale, Congress corporator Vikrant Chavan and Independent corporator Sudhakar Chavan surrendered to the police in December, two months after Parmar shot himself in his under-construction tower in Thane. Parmar had mentioned their names in a 13-page suicide note.
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