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Supreme Court of India 2018-08-28 partly_allowed

Bharat Stars Services Pvt Ltd vs Harsh Dev Thakur & Anr

Bench: 2 — Kurian

In Brief

Bharat Stars Services Pvt Ltd challenged bail granted to the first respondent (Harsh Dev Thakur) in an embezzlement case involving approximately Rs. 2.78 crores. The High Court had previously ordered bail with a deposit of Rs. 50 lakhs, but the Supreme Court found this inadequate given the significantly higher actual fraud amount discovered. The Court modified the bail conditions by imposing an additional Rs. 75 lakhs security deposit, mandatory passport surrender, and weekly police station reporting, while maintaining other conditions set by the High Court."

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Criminal Procedure Bail Embezzlement Financial Fraud

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