Nimesh Kampani can finally return to India as AP High Court stays criminal proceedings

Nimesh Kampani, India's top dealmaker and the head of the country's top investment bank, JM Financial, on Wednesday received a reprieve from the Andhra Pradesh High Court. Justice Bhanu admitted Kampani's petition and stayed all criminal proceedings against him as well as the 'look-out' notice issued by Interpol. Prominent Senior Counsel, C. Padmanabha Reddy, who has also appeared for Satyam's Ramalinga Raju, argued on behalf of Kampani and was briefed by Niranjan Reddy.

Nimesh Kampani can finally return to India as AP High Court stays criminal proceedings barandbench.com Sun, Oct 18, 2009