2022 (12) TMI 1576

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....ody on 14.07.2022 for the alleged offence under Sections 212(6) of Companies Act in F.No. 3/61/2018/CL-II (SR), on the file of the respondent police, seeks bail. 2. The case of the prosecution is that the petitioner claimed to have played a key role in the group of companies and he is alleged to have involved in the offence of siphoning of huge public money availed by way of financial assistanc....

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....the requirement of petitioner need not be required for the investigating agency, even otherwise, he is ready to cooperate with the investigation. He would also submit that there is no specific overtact attributed against the petitioner and he has not at all committed any offence as alleged by the respondent police and he is no way connected with the occurrence. He would further submit that he has ....

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....nvestigation and the final report has been filed. Hence, he vehemently opposed to grant bail to the petitioner. 5. On seeing the earlier order passed by this Court, it is found that the petitioner has not satisfied with the condition imposed under Sec.212(6)(ii) of Companies Act. Therefore, there is no change of circumstances to grant bail and as per the prosecution, as he played the main role ....