The High Court has granted six-month bail to Showkat Aziz Russell, chairman of Amber Group. The order was issued on Wednesday (November 11), according to court sources.

Appeal and bail petition

Court sources said Russell filed an appeal with the High Court challenging the trial court's verdict and also sought bail. Following a hearing, the High Court allowed his petition and granted six months of bail.

Identification as Partex Group chairman

Media reports have also identified him as the chairman of Partex Group. A New Age report stated that the chairman of Partex Group, Shaukat Aziz, has been granted bail. Meanwhile, a Business Standard report identified him as the chairman of Amber Group.

Legal proceedings

Further details regarding the next legal steps following the bail order are yet to be known. The matter is expected to become clearer after the full text of the court's order is released.