Dipak Subhashchandra Mehta vs C.B.I & Anr

The Supreme Court granted leave to appeal against the Gujarat High Court's order denying regular bail to the appellant, who is the Joint Managing Director of Vishal Exports Overseas Ltd. The Court noted that the appellant faced multiple FIRs under Sections 406, 420, 467, 468, 471, and 120B of the IPC, and had previously been granted bail in similar circumstances. The Court held that the denial of bail was not justified given the appellant's cooperation with the investigation and the absence of any flight risk, thereby allowing the appeal and granting bail.