
A special CBI court in Mumbai granted bail to Chandigarh-based businessman Sanjeev Kundanlal Bhasin in the ₹5,600 crore National Spot Exchange Limited (NSEL) scam case. The court found no direct evidence of Bhasin's involvement in management or policy decisions of financial establishments and noted his physical disability. The prosecution argued the case involved grave socio-economic offenses, but the court considered Bhasin was not a director of any declared financial establishment and other accused had received bail.