Kolkata: Prominent chit-fund accused, Rose Valley Chief Gautam Kundu, who was arrested by the Enforcement Directorate last month, has been granted an interim bail with conditions laid on the order. It is heard that Kundu’s father expired recently. To perform the funeral rites, Gautam Kundu’s lawyers had appealed for his bail at the Calcutta Metropolitan Session Court. But the bail plea was rejected there. Challenging the order, the lawyers moved to the Calcutta High Court where Justice Shivsadhan Sadhu granted an interim bail to the Rose Valley Chief.
According to the conditions laid with the bail, the High Court said that Kundu has to provide the ED with all the necessary details of his whereabouts which would include his personal telephone numbers and the details of the places he would visit within the city. The tenure of the interim bail according to the Indian Penal Code lasts for 16 days but in this case the bail has been granted for a period of 14 days. After the lapse of the 14 days, Kundu will have to appear before the Court and surrender to the police, says the order.