RAVI vs STATE OF NCT OF DELHI

Judgment text excerpt

$~3 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 10.03.2026 + BAIL APPLN. 549/2025 RAVI .....Petitioner Through: Mr. Anuj Chauhan, Mr. Sunil Yadav and Ms. Geetika Verma, Advocates. versus STATE OF NCT OF DELHI .....Respondent Through: Mr. Amit Ahlawat, APP for State with Inspector Vishal Choudhary, PS EOW. CORAM: JUSTICE GIRISH KATHPALIA J U D G M E N T (ORAL) 1. The accused/applicant seeks regular bail in case FIR No. 273/2019 of Police Station EOW for offence under Section 406/409/420/120B IPC. 2. This bail application for the first time was listed before the predecessor bench on 10.02.2025 and thereafter, remained pending before different benches. Today, the application has come up before me for the first time. I have heard learned counsel for accused/applicant and learned APP for State assisted by IO/Inspector Vishal Choudhary. 3. Broadly speaking, the prosecution case is that the accused/applicant along with four others were running a company namely Star Global Star Limited and they induced 156 individuals to invest in the said company BAIL APPLN. 549/2025 Page 1 of 4 pages Digitally signed by GIRISH KATHPALIA GIRISH DN: c=IN, o=HIGH COURT OF DELHI, 2.5.4.20=8401dd889b27a77b2f65ffffe4afec45 569af3962c6fb4835d435f97626cacca, Signature Not Verified ou=HIGH COURT OF DELHI,CID - 7047638, KATHPALIA postalCode=110003, st=Delhi, serialNumber=d3e86796451ec45c07b5d1557 0996b40f80cbd2eee60402c487965ff801e26fa, cn=GIRISH KATHPALIA Digitally Signed Date: 2026.03.10 17:15:42 -07'00' By:NEETU N NAIR Signing Date:10.03.2026 17:40:58 involved in business of fisheries, floriculture and plantation of medicinal trees, assuring them high returns. The accused persons including the accused/applicant collected almost Rs. 13.4 Crores from innocent investors and after siph