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Rotomac Chief, son sent to transit remand, IT seizes 12 bank accounts | ||||||||
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A CBI court on Friday sent Rotomac owner Vikram Kothari and his son Rahul to one-day transit remand while the Income Tax department seized 12 bank accounts of the group and issued six prosecution against the businessman in connection with the Rs 3,695 crore loan default. Additional Chief Metropolitan Magistrate Samar Vishal at the Patiala House courts passed an order for a day's remand after the Central Bureau of Investigation (CBI) sought a two-day transit remand to take the father and son to Lucknow. Defence advocate Pramod Kumar Dubey had raised objections to the jurisdiction of the court, saying the accused should be produced before a sessions court and not before a magisterial court. The court then reserved its order till 2 p.m. on the issue of jurisdiction. | ||||||||
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