Friday, February 6, 2009

Kampani gets bail !!!

Justice K C Bhanu of the AP High Court on Thursday reserved his orders on the petitions filed by Nimesh N Kampani, former non executive director of Nagarjuna Finance Ltd (NFL), who sought quashing of the criminal proceedings against him in a lower court and grant him anticipatory bail.

The case against promoter directors of NFL and Kampani is for committing a fraud on the public to a tune of nearly Rs 100 crore.

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