Supreme Court orders release of Shekhar Golchha on bail or guarantee

Summary

The Supreme Court has ordered the release of industrialist Shekhar Golchha on bail or guarantee, annulling the process of his remand and stating detention only if bail or guarantee is not furnished.

Key Points
  • The Supreme Court ordered Shekhar Golchha's release on bail or guarantee.
  • The order was issued by a division bench of Justices Mahesh Sharma Paudel and Shreekanta Paudel.
  • Golchha was arrested on April 24 by the Central Investigation Bureau following a Securities Board of Nepal report.
  • The court annulled the process of remand and required authorities to seek bail or guarantee first.
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