Dilip Babulal Tapadia vs State Of Maharashtra

The Supreme Court addressed an appeal against the Bombay High Court's order denying anticipatory bail under Section 438 of the Code of Criminal Procedure, 1973, in relation to FIR No. 48 of 2008 involving Sections 420, 467, 468, 471 IPC. The Court noted the lack of action against the appellant since the FIR was filed in January 2008 and directed that if a charge sheet is filed, the appellant must surrender and apply for regular bail, which should be considered fairly. If investigations remain incomplete, the appellant is to be granted bail upon furnishing a personal bond of Rs. 20,000.