Gujarat HC Rejects Anticipatory Bail to Bhupendrasinh Zala of ₹ 6000 Crore Fraud

Bhupendrasinh Parbatsinh Zala Vs State of Gujarat (Gujarat High Court) Recently, the Gujarat High Court has denied anticipatory bail under Section 482 of BNSS 2023, in connection with the FIR being C.R. No. 11201001240023 of 2024 registered with C.I.D. Crime Gandhinagar Zone Police Station-Gandhinagar, Bhupendrasinh Zala, head of the BZ Group, who faces allegations of a massive financial fraud amounting to ₹. 6000 crores. Justice M.R. Mengdey, in his December 23 order, described the case as a “large-scale scam” where numerous individuals were potentially defrauded. The investigat...