MESSAGE BOARD NEWSLINKS US EDITION COLUMNISTS DIARY SPECIALS INTERVIEWS CAPITAL BUZZ REDIFF POLL DEAR REDIFF ELECTIONS ARCHIVES SEARCH REDIFF
Nanda is facing trial for crushing to death six persons while driving his BMW car, allegedly at high speed and in an inebriated condition, in Delhi in January 1999.
The court had on June one, while allowing Nanda to go abroad for 22 days to attend a business workshop in the US, had directed him to execute a personal bond of Rs 150 million and furnish two sureties of the same amount.
Finding it difficult to execute the bonds totaling a whopping Rs 450 million, Nanda, the grandson of former navy chief S M Nanda, wants the court to reduce the bound amounts substantially, his lawyer Lovkesh Sahwney said.
Sahwney said the application is likely to be listed for hearing on Friday before the vacation Bench.
"We are seeking modification of the conditions imposed by the court as Rs 150 million is quite a big amount and Nanda is not in a position to execute the bonds," Sahwney said.
While granting him permission to go to US from June eight, Justice R S Sodhi had imposed the condition after Nanda, a British national, had agreed to execute the bond.
The condition was imposed on him by the court after his counsel argued that two Hinduja brothers, facing trial in the Bofors pay off case, were allowed to go out of India by the Supreme Court on execution of a Rs 150 million bond by each.
Tell us what you think of this report
