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Wife Should Not Use Child As Tool To Get Bail: Atul Subhash’s Counsel


Bengaluru:
The accused wife should not be allowed to use the child as a tool to get bail in the court, said Akash Jindal, counsel for Atul Subhash, an automobile company employee, who committed suicide alleging his wife demanded Rs 3 crore for divorce settlement.
The bail matter of the accused wife of Atul Subhash is slated to be heard on January 4 in the Bengaluru court. The bail application from the accused Nikita Singhania was registered on Monday and the counsel for her and other accused argued how and why the bail should not be granted to the accused persons in the case.
The counsel for the Atul Subhash family further stated, “The criminal nature is accumulating to this procedure and she can’t take advantage of the child and we have sought total custody of the child.”
“Our stand was that the crime, which they have committed is very heinous, additionally we have filed a habeas corpus petition before the Supreme Court where the court has passed directions to the three states UP, Karnataka and Haryana for ascertaining the whereabouts of the kid and once the child is found, accordingly will pass directions for considering the custody of the kid,” he said.
“Why the 4-year-old child was staying away from his mother and he was in the hostel? The grandparents are worried about the grandkid,” he said.
Pavan Kumar Modi, the father of Atul Subhash, stated that the family is worried about the safety of Atul’s child. If the court grants bail to Atul’s wife, she can attack the child and endanger his life. “If she can drive my son to commit suicide, she can also do the same to the kid as well,” he added.
“My grandson was ATM to her. She got money on the pretext of taking care of him. She approached the High Court demanding Rs 20,000 to Rs 40,000. She went on to appeal for Rs 80,000. Even after this, she went on demanding more money. Hence, we have approached the Supreme Court for the custody of the child as he is safe with us,” he stated.
Bikas Kumar, brother of Atul Subhash, stated that the family is happy about the investigation by the police department. “The police supported us and we have fulfilled their requirements and they are carrying out the investigation. We have to get custody of the child and we have informed our advocate about this. The matter is before the Supreme Court,” he added.
When asked about the child’s whereabouts, he said that they do not know about the whereabouts of Atul’s son. “We are waiting for the January 7 hearing in the Supreme Court in this regard,” he stated.
Subhash, who was working with an automobile company in Bengaluru, allegedly committed suicide as a demand of Rs 3 crore was made for a divorce settlement. He ended his life at his apartment in the early hours of December 9, leaving behind a 90-minute video and a 40-page death note, explaining how harassment by his wife Nikita Singhania and her family forced him to take the extreme step.
Three accused in Atul Subhash’s suicide case — his wife, her mother and brother — who were arrested by Bengaluru Police, were sent to 14-day judicial custody.
The police registered an FIR against the accused persons under Sections 108, 3 (5) of the Bharatiya Nyay Sanhita (BNS) on December 9. Bikas Kumar had lodged a police complaint alleging abetment to suicide with the Marathahalli police in Bengaluru.
Bikas Kumar alleged in the complaint that false cases were lodged against his brother (Atul) by the accused, demanding Rs 3 crore to settle the case. He had also alleged that his brother was taunted in the court during the proceedings that he had to either give Rs 3 crore or commit suicide.
Nikita’s family had alleged that the Atul Subhash demanded a hefty dowry from her family which resulted in the death of her father.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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Crude bombs exploded inside St Joseph school compound in Mohammadpur

Two crude bombs exploded inside the compound of St Joseph Higher Secondary School in the capital’s Mohammadpur area early hours of Saturday (8 November).
The school authorities filed a general diary (GD) with Mohammadpur Police Station following the incident.
Confirming the matter to The Business Standard, the station’s Officer-in-Charge (OC) Kazi Rafiqul Ahmed said, “The explosions occurred around 2am inside an open space near the school’s third gate. No casualties were reported.”
“At the time of the incident, there was no electricity in the area, making it difficult to identify anyone from CCTV footage,” the OC added.
He further said that preliminary investigations suggest that unidentified individuals might have arrived on a motorcycle, detonated the bombs, and fled the scene. “We are currently investigating the matter.”
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Crude bomb explodes at St Mary’s Cathedral in Kakrail, another recovered

Dhaka Metropolitan Police Ramna Division Assistant Commissioner Mazharul Islam said unidentified individuals hurled two crude bombs targeting the church.
St Mary’s Cathedral in Kakrail. Photo: TBS
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St Mary’s Cathedral in Kakrail. Photo: TBS
A crude bomb exploded at St Mary’s Cathedral in Dhaka’s Kakrail area last night (7 November), while another was recovered unexploded from inside the church.
The blast occurred at around 10:45pm at the church gate, where the crude bomb went off on a steel plate.
Photo: TBS
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Photo: TBS
Dhaka Metropolitan Police Ramna Division Assistant Commissioner Mazharul Islam said unidentified individuals hurled two crude bombs targeting the church.
One exploded, while the other remained unexploded, he added.
A programme is scheduled to take place in the church compound today (8 November).
Earlier in October, a similar bomb attack took place at Tejgaon’s Holy Rosary Church. Law enforcement agencies have yet to identify those involved in that incident.
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BB unveils draft rules to open digital payments to non-bank players

Draft published online for public consultation
Illustration: TBS
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Illustration: TBS
E-money issuers must
- Maintain Tk50 crore paid-up capital
- Prepare three-year business and risk plan
- Keep settlement accounts to safeguard funds
- Continuous fraud detection mandatory
- Transparent governance with high-integrity directors
- Mandatory board audit and risk committees
- Fines of Tk50 lakh, license revocation, legal action for rule breaches
- Stakeholders invited to submit feedback before final approval
- Existing operators must reapply within six months of enforcement
The Bangladesh Bank has unveiled draft rules allowing non-bank local and foreign companies to obtain licences to operate as Payment Service Providers (PSPs) or Mobile Financial Service (MFS) providers.
The central bank has published a draft of the “Regulations for E-Money Issuers in Bangladesh” on its website for public consultation, breaking away from the long-standing bank-led model that has dominated mobile and online financial services.
Under the new structure, both banks and independent digital finance companies will be authorised to issue e-money upon approval from the central bank.
Existing MFS and PSP operators – whether bank-led or otherwise – must apply for new licences within six months of the regulations taking effect to comply with the updated framework.
At present, e-money in Bangladesh is issued by mobile financial service providers such as bKash, Rocket, and Nagad, alongside payment service providers like TallyPay, Pathao Pay, and Sheba Pay. These institutions generate e-money through digital transactions and payment services.
The Bangladesh Bank has introduced the draft regulations to bring such activities under a formal legal and supervisory structure, ensuring institutional stability, financial security, and consumer protection.
Infohraphics: TBS
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Infohraphics: TBS
According to the draft, the new rules aim to “promote financial inclusion, ensure the safety and reliability of e-money, and foster a competitive and innovation-driven payments environment”.
A senior Bangladesh Bank official, speaking on condition of anonymity, described the draft as “a milestone reform which will open up the digital finance space beyond traditional banks”.
He said the goal is to encourage competition, innovation, and interoperability. “We want a safe, inclusive, and technology-neutral framework where both banks and fintechs can expand financial access.”
Industry leaders have welcomed the move. “Allowing non-bank EMIs could significantly accelerate innovation and partnerships in mobile and online payments,” said a leading fintech executive.
Draft rules
The framework introduces two categories of e-money issuers: authorised EMIs, comprising regulated institutions such as banks and finance companies, and dedicated EMIs (DEMIs), non-bank entities exclusively engaged in e-money and related payment activities.
Applicants, especially DEMIs, must maintain a minimum Tk50 crore paid-up capital, submit a three-year business and risk plan, ensure fit and proper governance, and establish Trust and Settlement Accounts to safeguard customer funds.
E-money issuers must also implement a robust risk management framework, maintain tested technology systems with sound internal controls, employ multi-factor authentication for high-value transactions, and ensure continuous fraud detection and cyber resilience against evolving threats.
They must also establish effective and transparent governance, featuring directors of high integrity and strict segregation of duties, while requiring mandatory board audit and risk committees to ensure robust internal controls and continuous regulatory oversight.
Violations of the rules could result in fines of at least Tk50 lakh, license revocation, or civil and criminal proceedings.
Stakeholders have been invited to submit feedback before the final regulations are issued. Once adopted, the new framework is expected to reshape Bangladesh’s digital finance industry, aligning it more closely with international practices seen in China, India, and Malaysia.
Bangladesh Bank will exercise oversight and supervisory powers over e-money issuers under the authority granted by the Bangladesh Bank Order, 1972 and the Payment and Settlement Systems Act, 2024.
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