Satisfied With the Bail Plea, SC Grants Bail to DSK in Multi-Crores Investor Fraud Case
On Tuesday, the honorable Supreme Court granted bail to Deepak Sakharam Kulkarni, the jailed director of DSK Group of companies. The Supreme Court bench consisting of justices SA Nazeer & JK Maheshwari heard the bail plea challenging the Bombay high court's order that rejected the bail plea in the case back in August 2021.
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| Lawyer for Hemanti Deepak Kulkarni |
After considering the petition submitted by the Lawyer for Hemanti Deepak Kulkarni & pursuing the records in this case, the bench noted that it is of the view that the petitioner is released on bail.
The
Petitioner's counsel advocate Aashutosh Srivastava represented the regular bail
petition for DSK filed before the Supreme Court in the Rs 2,043 crore investor fraud case.
Mr.
Srivastava argued, “The allegations made against DSK are vague and he has been
falsely implicated in the alleged offense. He was arrested on February 17,
2018, and has been incarcerated since then and the investigation is already
completed and charge sheet has been filed by the investigating officer and all
the properties were already seized by the authorities and all the necessary
documents and material pieces of evidence have already been procured by the
investigating agencies and placed on records and there is nothing left to be
recovered from him. Most notably, the trial is not initiated in the matter.”
More details about the case
DSK
Group of companies is a real estate establishment based in Pune. On October 28,
2017, a case was filed against its director Deepak Sakharam Kulkarni, who was
booked under IPC’s sections 406, 409, 411, 418, 420, 465, 467, 468, 471, 109,
120-B & 34, and Section 3 & 4 MPID Act.
Who is the Lawyer of D S Kulkarni?
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