SC Grants Bail to CA Sanjay Raghunath Agarwal in Rs. 318 Crores GDR Fraud Case

Sanjay Raghunath Agarwal Vs Directorate of Enforcement (Supreme Court of India) 1. Leave granted. 2. Heard Shri R. Basant, senior counsel and Shri S.V. Raju, learned Additional Solicitor General for the parties. 3. A criminal complaint in FIR No.664/2013 was registered on 29.10.2013 with the Cyberabad Police, against six persons, including the appellant herein for alleged offences under Sections 406, 407, 415 to 420, 120B read with Section 34 IPC. The FIR was registered on the basis of a complaint lodged by one M. Srinivas Reddy, who was the Managing Director of a Company by name M/s Farmax In...