Mumbai: The CBI Court, Pune, has discharged Virendra D. Mhaiskar, chairman and managing director, IRB Infrastructure Developers Limited (IRB Infra), along with other officials of the company, from all charges in a Pune land case.
The Mumbai-based IRB Infra had filed an application for discharge on the ground that the charge sheet filed against Mr. Mhaiskar, the company, M/S AIIPL, and Deepak D. Gadgil, was devoid of substance and had no grounds to frame the charges, IRB Infra said in a statement. The Judge observed that no case is made out even to frame the charges under any of the sections alleged by the CBI, and discharged all the parties. IRB Infra shares closed up 1.8% at ₹223.05 in a weak Mumbai market on Wednesday.
