Chit fund scam: Bail pleas of Sethi, Parekh deferred

Bhubaneswar: The Special CJM (CBI) court on Friday deferred its hearing on bail plea of Artha Tatwa Group (AT) chairman and managing director Pradeep Sethi till November 21.

Sethi was arrested by CBI on charges of his complicity in multi-crore chit fund scam in the state.

The court also fixed next hearing for the bail plea of share broker Deepak Parekh on November 20.

Parekh was handling the share trading of AT Group in Mumbai and was arrested by CBI on September 21 this year.

Both are lodged in Jharpada jail here.