Selective investigation of Economic Offence Wing betrays the faith of victims

Arvind Kumar Bahl Vs State of Maharashtra (Bombay High Court) Bombay High Court held that Selective investigation of Economic Offence Wing (EOW) betrays the faith of victims. Accordingly, responsible persons for the wrongdoings should not be allowed to escape the process of law. Facts- The applicant is an investor who had invested huge amount of Rs. 22,24,604/- through his broker namely India Infoline Commodities Limited (IICL) which was acting as Trading cum Clearing Member of NSEL. It was alleged that the broker misrepresented that NSEL is extremely safe risk free and it could fetch good ret...