District Court Orders Release of Shekhar Golchha, Denies Custody Extension

The Kathmandu District Court has refused to extend the detention of industrialist Shekhar Golchha for further investigation. Presiding Judge Mona Singh’s bench issued an order not to extend the arrest warrant. Consequently, the Central Investigation Bureau (CIB) is required to continue its inquiry with Golchha out of custody.

On 23rd Baishakh, Kathmandu: The Kathmandu District Court declined to prolong the custody period of industrialist Shekhar Golchha for investigative purposes. Following this ruling, the Central Investigation Bureau must proceed with the investigation without holding him in detention. Judge Mona Singh’s bench specifically rejected any extension of the previously sanctioned arrest period.

The order stated, “There is no reliable evidence suggesting that investigative circumstances necessitate keeping defendant Shekhar Golchha in detention; therefore, per Section 14(3) of the Criminal Procedure Code of 2074, an extension of detention for investigation shall not be permitted.” Earlier on Monday, the Supreme Court had raised concerns about why the investigation into securities fraud was being conducted in custody despite bail and surety provisions being in place.