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India Supreme Court Grants Bail to Former Concast Steel MD

The Supreme Court granted Sanjay Surekha bail in a ₹6,211-crore bank fraud case, citing prolonged incarceration and the likelihood of a lengthy trial.

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Indu Bhan, New Delhi: The Supreme Court on Wednesday granted bail to Sanjay Surekha, the former chairman and managing director of Concast Steel and Power, in a 6,211-crore bank fraud case. The court cited his prolonged incarceration and the possibility that the trial may continue for a long time.