Shivinder Mohan Singh Former Religare Enterprises Promoter Bail Plea Rejected

Latest reports have been coming in from the national capital of the country New Delhi where Delhi High Court has rejected the trial court's bail order for Shivinder Mohan Singh, former Religare Enterprises promoter.

His bail plea has been rejected in a bank fraud case pertaining to alleged misappropriation of funds at Religare Finvest Ltd (RFL).

According to the Delhi High court version the continued detention of Shivinder Mohan Singh is necessary.

This has been done not only to unearth the conspiracy he hatched but also to trace the siphoned money he credited for his personal benefits according to Delhi High Court.