The Bombay High Court granted bail to a businessman accused of duping investors of crores of rupees under the Maharashtra Protection of Interest of Depositors Act, 1999, observing that gravity of his offence cannot be a reason to deny him benefit of section 436-A of the CrPC. Relying on SC's judgement in Satender Kumar Antil Vs. Central Bureau of Investigation …
![[Maharashtra Protection Of Depositors Act] Seriousness Of Accusation No Reason To Deny Bail To Undertrial If Half Sentence Served: High Court](https://www.livelaw.in/h-upload/2022/07/16/426137-bombay-hc-05.jpg)