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Our Bureau

Mumbai , May 6

THE Chairman of Industrial Development Bank of India, Mr V.P. Shetty, was arrested today under the Protection of Civil Rights Act, 1955, Section 7 (1) D, by the Mumbai police. He was released soon, on a bond of Rs 10,000.

Mr Shetty was arrested on the orders of the High Court in a case filed by IDBI General Manager Mr B.W. Ramteke for allegedly passing casteist remarks.

Earlier in the day, a division bench of Mr Justice R.M.S. Khandeparkar and Mr Justice P.V. Kakade of the Mumbai High Court had quashed the charge under The Scheduled Castes and The Scheduled Tribes (Prevention Of Atrocities) Act, 1989 Section 3 (1) (10), saying the alleged offence took place within the Chairman's chamber and not in public view.

The ruling came following an application filed by Mr Shetty seeking quashing of a FIR filed against him by Mr Ramteke at the Cuffe Parade police station in Mumbai.

Mr Ramteke, who also works as Chief Liaison Officer for Schedule Castes/Schedule Tribes (SC/ST) with IDBI, in his FIR, said he had requested the IDBI chief to calculate the fresh SC/ST backlog in view of the merger of IDBI Bank and IDBI Ltd.

This suggestion was made to ensure due compliance of the Government's reservation policy and make available benefits to the backward class employees, the complaint said.

Mr Ramteke charged Mr Shetty with making casteist remarks, thus insulting and humiliating him.

According to a release from IDBI Ltd, Mr Shetty had said that he was wrongly accused of passing casteist remarks.

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