Bombay High Court questions arrest of Schaeffler India chief
Benchmarks Nifty22,600.00-87.66FEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.69 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.25 % Invest NowEnter search…

The Bombay High Court's ruling comes after an incident on June 9, 2026 left two workers dead from to a gas leak. Harsha Gopal Kadam's arrest followed on October 19, with fresh charges leveled against him. The court emphasised a lack of substantial evidence to warrant his continued custody.
Mumbai: The Bombay High Court on Friday stayed further investigation against Harsha Gopal Kadam, managing director and chief executive of the local listed subsidiary of German automotive component supplier Schaeffler India Ltd, in a case involving the deaths of two workers at a factory, questioning his arrest months after the accident and the addition of a culpable homicide charge.While passing an order, Justice Milind N. Jadhav observed that the applicant (Kadam) had made out a very strong case for bail.
“Ideally, I am of the opinion that the learned Trial Court while passing the order dated 20.10.2026 ought to have allowed the same and granted bail,” observed the court in its 11-page order.
“Once it is crystal clear from the facts of the record which have also been noted by the learned Trial Court that the incident occurred on June 9, 2026 and after complete investigation, a chargesheet came to be filed and it is only on October 19, 2026 the police had submitted a report for adding Section 105 of the BNS, it was the duty of the learned Trial Court to apply its mind to the repercussion of such an addition of a charge which the prosecution had not added or invoked at the threshold and should have heard the applicant,” added the court.
Also read | Event data recorders may be mandatory for vehicles
Live Events
In this case, the company said in its stock exchange filing on October 20 that the Talegaon MIDC Police Station took Kadam into custody to investigate the incident that occurred on June 9, 2026. The accident involved a sudden discharge of carbon dioxide (CO2) gas during a scheduled cylinder replacement, which resulted in the death of two workers.
The company said in its regulatory filing that the investigation has been extended to Kadam in his capacity as the designated 'occupier' of the factory premises under applicable law.
Before the court’s order, senior counsel Amit Desai, instructed by AZB & Partners, argued that neither Applicant was present nor involved in any supervisory or executive role and that, in respect of the accident, no specific overt act is attributed or alleged against him.
The court observed that, once the Applicant was called and his statement recorded before the chargesheet was filed, there was no real reason to require the Applicant's custody unless new material was discovered. There was none. The police could have called the applicant for investigation to cooperate.
Police initially investigated the incident as negligence and filed a chargesheet on September 2 against the plant head, safety officer, heat-treatment head and representatives of the maintenance companies. The chargesheet did not name Kadam.
Investigators questioned Kadam on October 8 and arrested him on October 19, after adding the culpable homicide charge. The court said he was arrested outside the company's corporate office in Pune, more than 25 kilometres from the factory.
On Friday, the company said in its regulatory filing that Kadam has filed a Criminal Application before the Bombay High Court of Bombay for quashing the Authority’s investigation against him.
Also read | Stellantis India targets to halve vehicle development time, boost localisation
The exchange filing also says the court, by way of an interim order dated October 23, 2026, has stayed further investigation against Kadam and directed the Authority not to file any chargesheet or supplementary chargesheet against him.
Schaeffler India supplies automotive components to companies including Maruti Suzuki, Tata Motors, Mahindra & Mahindra and Hyundai Motor India.
Add as a Reliable and Trusted News Source Add Now!
(You can now subscribe to our Economic Times WhatsApp channel)
Read More News onBombay High CourtHarsha Gopal KadamSchaeffler IndiaSchaeffler India factory accidentSchaeffler India ceo arrestmaruti suzukischaeffler india ltdtata motorshyundai motor india
(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
...moreless(You can now subscribe to our Economic Times WhatsApp channel)
Read More News onBombay High CourtHarsha Gopal KadamSchaeffler IndiaSchaeffler India factory accidentSchaeffler India ceo arrestmaruti suzukischaeffler india ltdtata motorshyundai motor india
(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
...morelessContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories& personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions &
in-depth stock reportsSubscribe NowET
Unlock Access to All Exclusives with ETPrime FREE TRIAL
15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers
Trial offer expiring in00 : 05 : 00
I'd rather pay ₹2599 nowUh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Prime Account Detected!
It seems like you're already an ETPrime member with
Login using your ET Prime credentials to enjoy all member benefits
Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.
Unlock ETPrime's Exclusive Stories Today!
Big Price Drop! Flat 40% Off
Student Only OfferAlready a Member? Sign In nowAlready a Member? Sign In nowAlready a Member? Sign In nowOffer Exclusively For You
Save up to Rs. 700/-
ON ET PRIME MEMBERSHIP
Avail OfferOffer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail OfferOffer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail OfferOffer Exclusively For You
Get Flat 40% Off
Then ₹ 1749 for 1 year
Avail OfferOffer Exclusively For You
ET Prime at ₹ 49 for 1 month
Then ₹ 1749 for 1 year
Avail OfferSpecial Offer
Get flat 40% off on ETPrime
Avail OfferAvail OfferClaim NowAlready a Member? Sign In nowNeed Assistance?
Connect with an ETPrime expert for personalized support and guidance
+91 9484700004'; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '' + h3 + '
' + h4 + '
- ' + listing + '
What’s Included with
ETPrime Membership
1Exclusive Insights That Matter
Uncover the truth with our investigative stories
Make strategic moves using the real-world case studies
Read industry-specific stories to identify emerging trends
Spot opportunities with in-depth insights that matter
Trump temper on H-1B visas is forcing Indians to do these things to stay put in US
What Adani’s US indictment means for India Inc’s overseas fundraising
Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.
Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?
Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?
The problem with lab grown diamonds
Why a falling rupee is a better option for the economy
A list of top 20 momentum stocks that have delivered massive returns in one year
2Invest Wisely With Smart Market Tools & Investment Ideas
Alpha Trade
Get daily trade ideas from SEBI-registered research analysts.
Investment Ideas
Grow your wealth with stock ideas & sectoral trends.
Stock Reports Plus
All-in-one stock research with Stock Score, peer comparison & key signals.
BigBull Portfolio
Get to know where the market bulls are investing to identify the right stocks.
Stock Analyzer
Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.
Market Mood
Analyze the market sentiments & identify the trend reversal for strategic decisions.
Stock Talk Live at 9 AM Daily
Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.
3Stay informed anytime, anywhere with ET ePaper
ePaper - Print View
Read the PDF version of ET newspaper. Download & access it offline anytime.
ePaper - Digital View
Read your daily newspaper in Digital View & get it delivered to your inbox everyday.
Wealth Edition
Manage your money efficiently with this weekly money management guide.
TOI ePaper
Read the PDF version of TOI newspaper. Download & access it offline anytime.
Deep Explainers
Explore the In-depth explanation of complex topics for everyday life decisions.
Health+ Stories
Get fitter with daily health insights committed to your well-being.
Personal Finance+ Stories
Manage your wealth better with in-depth insights & updates on finance.
5Enjoy Complimentary Subscriptions From Top Brands
Stream new documentaries from all across the world every day.
Stories you might be interested in
Figures reflect the source report and its stated period. This article is for information and is not investment advice.



