Rakesh Baban Borhade vs The State Of Maharashtra & Anr Etc.Etc

The Supreme Court addressed the denial of anticipatory bail to Rakesh Baban Borhade under Section 438 Cr.P.C., challenging the Bombay High Court's order which dismissed his application while granting bail to co-accused. The Court noted that the appellant was not a party to the MOU dated 21.12.2005 and had become a director only in 2010, arguing that his custody was unnecessary as the case relied on documentary evidence. Ultimately, the Court granted anticipatory bail to the appellant, emphasizing the lack of necessity for custodial interrogation given the nature of the evidence presented.