HC breather for Amravati Co-op’s ex-chief, directors

A vacation bench of Bombay High Court here has directed the authorities not to arrest till May 28, the former chairman and 14 directors of Amravati People’s Co-operative Bank in connection with the Rs 9.5 crore government securities scam.

Vacation judge Justice P.S. Bramhe has directed all the 15 persons to report to the concerned investigating police officer every day from 9.00 am to 11.00 am and not to leave Amravati till further orders. The bank’s erstwhile directors had moved an application before a vacation high court bench seeking anticipatory bail. Their application had been rejected by Amravati’s additional district sessions judge D.S. Jamkhedkar, who had directed them to surrender before the appropriate authority within 24 hours.

Offences under various sections of the IPC have been registered against them. The board of directors have been superseded and an administrator appointed recently.