Court refuses bail to Stayzilla’s CFO

A sessions court in Chennai reportedly declined to give anticipatory bail to Stayzilla’s co-promoter and CFO, Sachit Singhi on Thursday. The court had reportedly denied bail for Singhi after he refused to deposit Rs 60 lakh in court. Notably, Stayzilla's CEO Vasupal has been released after a month in judicial custody in a bail condition of Rs 40 lakh.

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