Hdfc Bank Ltd vs J.J.Mannan @ J.M.John Paul & Anr

The Supreme Court held that anticipatory bail under Section 438 of the Code of Criminal Procedure can be granted if the applicant is not likely to abscond or tamper with evidence. The Court emphasized that the seriousness of the allegations, including offences under Sections 420, 467, 468, 471, and 120B of the Indian Penal Code, must be balanced against the applicant's right to liberty. The Court ultimately upheld the High Court's decision to grant anticipatory bail to the Respondent No.1, finding no grounds for interference.