Insight Online News
Mumbai Aug 9 : Bombay High Court on Wednesday agreed to hear the pleas of Chairman of Edelweiss Financial Services Rashesh Shah; and Managing Director and CEO of Edelweiss Asset Reconstruction Company Limited Raj Kumar seeking to quash the FIR registered against them for allegedly abetting to suicide of renowned Indian art director Nitin Desai.
A Division bench of Justices Nitin Sambre and RN Laddha fixed August 11 as the date of hearing after it was mentioned by Senior Advocate Amit Desai who sought an urgent hearing.
The petitioners had urged the Court to grant an interim relief of ‘no coercive action’ and that the probe be stayed until the hearing of their pleas.
Raigad police have registered a case of abetment to suicide in Nitin Desai’s case. A notice to the MD of Edelweiss Company was also sent.
On August 4, the Raigarh Police booked five persons in the Nitin Desai suicide case including officials from the ECL Finance Company and Edelweiss.
A case was also registered under Sections 306 (abetment to suicide) and 34 (common intention) of the Indian Penal Code (IPC).
National award-winning art director Desai was found dead in his studio on August 2. An audio note left behind by him blamed Bansal, Shah and three others for his poor financial condition, according to the police.
His wife Neha subsequently submitted a written complaint to the Raigad police in Maharashtra and an FIR was filed at Khalapur police station.