Justice Hima Kohli granted bail to Singla, Kumar, businessman Narayan Rao Manjunath and alleged middleman Sandeep Goyal each on personal bond of Rs.5 lakh and two sureties of the same amount.
The trial court July 12 had denied bail to the four accused.
The Central Bureau of Investigation (CBI) arrested the four for their alleged roles in the bribe case, in which a deal of Rs.10 crore was allegedly finalised for arranging one of the top positions in the Railway Board for Mahesh Kumar, then the member (staff) in the board.
Opposing the bail plea of Singla, the CBI had said he was the "main person" whose influence was to be used for the appointment of Mahesh Kumar.
Singla and other accused were the "main conspirators" and the offence committed by them was of a grave nature, the probe agency had said.
Singla's uncle was a former railway minister and he was an influential person who could destroy evidence, CBI had argued.
All the accused have been formally charged with the offence of criminal conspiracy under the Indian Penal Code and provisions of the Prevention of Corruption Act.
The probe agency filed a list of 90 prosecution witnesses along with the charge sheet and named Bansal, who was forced to resign as the railway minister as the alleged scam unfolded, as the witness in the case.
Manjunath and Goyal had helped Mahesh Kumar in arranging money to give bribe to Singla and were to get favours from Mahesh Kumar after his appointment as Railway Board member (electrical), the CBI said in its charge sheet.
Singla allegedly demanded Rs.10 crore and accepted a bribe of Rs.90 lakh from Mahesh Kumar in his office May 3, the CBI said.
--IANS (Posted on 27-09-2013)