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The HC held that the prosecution collected material showing applicants' active involvement in the syndicate led by the main accused who extorted money utilized for purchasing properties. Considering the gravity of economic offences and prima facie evidence against applicants, they are not entitled to regular bail as it may hamper effective investigation. The bail applications u/s 439 CrPC are rejected.
The HC held that the prosecution collected material showing applicants' active involvement in the syndicate led by the main accused who extorted money utilized for purchasing properties. Considering the gravity of economic offences and prima facie evidence against applicants, they are not entitled to regular bail as it may hamper effective investigation. The bail applications u/s 439 CrPC are rejected.
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