Bail granted as custody was never sought by CBI during the course of investigation

Chetan Vallabhdas Pabari Vs State of Maharashtra (Bombay High Court) Bombay High Court held that based on the charge sheet, the custody of the applicants was never sought during the course of investigation by CBI. Accordingly, demanding custody merely because of huge involved of amount is unjustified. Hence, bail granted. Facts- A case was registered by CBI EOB, Mumbai on 23.05.2017 on the basis of a written complaint lodged by the General Manager, Indian Overseas Bank (IOB), Mumbai against Chartered Accountant as well as Directors of M/s PAL and other unknown persons/public servants for the o...