Supreme Court Verdict on Delhi Riots Bail
Analysis based on 6 articles · First reported Jan 04, 2026 · Last updated Jan 05, 2026
This event has no direct impact on financial markets. It is a legal development concerning individuals accused in a past civil unrest, which does not affect specific stocks, market indices, or the broader economy.
The India — Supreme Court of India is scheduled to pronounce its verdict on the bail pleas of Sharjeel Imam, Umar Khalid, Gulfisha Fatima, Meeran Haider, Shifa-ur-Rehman, Mohammad Saleem Khan, and Shadab Ahmed. These individuals are accused in the 2020 Delhi riots case under the Unlawful Activities (Prevention) Act, 1967. The accused challenged the India — Delhi High Court's September 2 order that denied them bail. Their advocates argued for bail based on prolonged custody (over five years) and the unlikelihood of an early trial, stating there is no proof they instigated violence. The India — Delhi Police opposed bail, asserting the riots were part of a 'pan-India' conspiracy to destabilize India and achieve 'regime change' and 'economic strangulation', timed with a US President's visit to draw international attention to the Citizenship (Amendment) Act, 2019. The police claim the conspiracy led to 53 deaths and extensive property damage, with 753 FIRs registered.
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