Overview

• Three IAS aspirants drowned on July 27 after heavy rain flooded the basement of a coaching centre in Old Rajinder Nagar, Delhi.
• The Delhi High Court granted interim bail to the four co-owners of the basement, requiring them to deposit ₹5 crore with the Red Cross.
• The court described the co-owners' actions as an 'unpardonable act of greed' and mandated the formation of a committee to regulate coaching centres.
• The Central Bureau of Investigation (CBI) opposed the bail, arguing the investigation was still at an initial stage and independent witnesses had not yet been examined.
• The co-owners claimed they were merely landlords and had no direct involvement in the incident, while the CBI alleged they knowingly rented the basement for commercial use against regulations.