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Delhi HC allows sale of conman Sukesh's 26 cars, says 'subject to decay'

Business Standard LogoBusiness Standard6h ago

Delhi HC allows sale of conman Sukesh's 26 cars, says 'subject to decay' - Business Standard

Quick Summary:

Environmental factors such as weather conditions also contribute to this decay, causing issues such as rust and corrosion," the High Court said in a judgement passed on July 12."Rust, in particular, can severely damage a vehicle's structure and all other components," Justice Sharma said.

A total of 26 luxury and high-end cars were found and seized by the respondent, which was prima facie found to have been purchased out of the "proceeds of crime" generated out of the criminal activities of Sukesh Chandrasekhar.

No argument has been addressed on behalf of the petitioner that the vehicles in question are not subject to natural decay.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.


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Article Details

Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 12:59:03 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 799 words

Reading Time: 5 minutes read

Sentences: 23 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21661944

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