Gujarat HC relaxes bail conditions of AEL MD Rajesh Adani

The Gujarat high court today relaxed the bail conditions of Adani Enterprise Ltd (AEL) managing director Rajesh Adani, allowing him to go out of the country, provided he abides by certain conditions.

Justice HB Antani, while relaxing bail conditions, allowed Adani to go out of Ahmedabad. It also gave Adani permission to go abroad, with a condition that he would submit a detailed itinerary of his visit outside India to the CBI in advance.

The court also asked Adani to remain present in the CBI office in Gandhinagar in the first week of every month.

CBI lawyer YR Ravani said that the relaxation would be in place till the next hearing on May 3.

Yesterday, Adani's lawyer had requested the court to relax the bail conditions of his client and allow him to go out of Ahmedabad.

The court had last month granted the permission to Adani to go out of Ahmedabad from March 31 to April 4 for appearing before the CBI, Goa.

Adani was arrested by CBI on February 27 for allegedly evading customs duty on petroleum products, causing a loss of Rs1.07 crore to the state exchequer.

He got bail on the very same day of his arrest, after his brother Vasant Adani filed a habeas corpus petition before the Gujarat hight court. Based on Vasant Adani's petition, justice RM Doshit granted him bail and ordered his release.

CBI has registered a case against Adani, whose company is part of Rs26,000 crore Adani Group, 10 Customs officials, Mumbai-based company Ganesh Benjoplast and Goa-based JAE Letavoson clearing firm in Goa.