PARVINDERJIT SINGH vs STATE (U.T. CHANDIGARH)

The Supreme Court addressed the appeal against the Punjab and Haryana High Court's order denying anticipatory bail under Section 438 of the Code of Criminal Procedure, 1973, in relation to FIR No.73 for offences under Sections 406, 420, and 120B of the Indian Penal Code, 1860. The Court held that the allegations of fraud and embezzlement were serious and not merely civil in nature, thus justifying the High Court's refusal to grant anticipatory bail. The Court emphasized that the appellants' claims of cooperation with the investigation did not mitigate the gravity of the charges against them.