2021 (1) TMI 1292

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....ondent/State. Shri Mukesh Kumawat, learned counsel for the complainant/objector. Heard learned counsel for the parties through video conferencing. This is first application filed under section 439 Cr.p.C seeking bail in connection with Crime No.1042/2020 registered at police station Banganga, district Indore for the offence punishable under sections 420, 467, 468, 471, 406 & 34 of the IPC....

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....ffence of cheating and forgery. Learned counsel for the applicant submits that the coaccused Mayur Nakaswal and Saurabh Nakaswal have been granted bail by this Court vide MCRC no.45566/2020 & MCRC No.48136/2020 respectively. The so called two investment firms are in the name of Vinayak Nakaswal and are registered with the SEBI. The license of sole proprietorship firm is in the name of Vinayak N....

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.... State as well as the counsel appearing on behalf of the complainant/objector oppose the application by submitting that the applicant has not only cheated the complainant but hundreds of other local residents. As per the assurance given by the main accused as well as the present applicant they have deposited their hard earned money in the company of the present applicant but the same has not been ....

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.... in custody. The applicant is also having parity with the case of co-accused who have already been enlarged on bail by this court. Considering the facts and circumstances of the case without commenting on the merits of the case, the application is allowed. The applicant is directed to be released on bail on her furnishing a personal bond in the sum of Rs.1,00,000/- (Rupees One Lakh) with one so....