Remani K vs Superintendent Of Police & Ors

The Supreme Court dismissed the Special Leave Petitions (SLP(Crl.) No. 7858/08 and SLP(Crl.) No. 577/09) seeking anticipatory bail under Sections 420, 406, and 120-B IPC, holding that there exists a prima facie case against the petitioners involved in a financial fraud amounting to Rs. 50 crores. The Court noted that the allegations of conspiracy and misappropriation of funds were serious, and thus, the High Court's refusal to grant anticipatory bail was upheld. The Court clarified that its observations were solely for the purpose of the bail consideration and would not affect the trial or any future bail applications.