Sushant Muttreja vs Serious Fraud Investigation Office

ik-135667205 Delhi High Court 23 December 2024 • 60 min read

Judges (1)

Chandra Dhari Singh Delivered

Counsel (12)

Abhishek Pratap Singh Counsel Respondent Amit Tiwari Counsel Respondent Anirudh Ramanathan Counsel Petitioner Divyanshu Bharadwaj Counsel Respondent Harshvardhan Jain Counsel Petitioner Piyush Kumar Counsel Respondent Saloni Ambastha Counsel Petitioner Sanya Kumar Counsel Petitioner Tara Narula Counsel Petitioner Trideep Pais Counsel Petitioner Vedansh Anand Counsel Respondent Vibhav Singh Counsel Respondent

Parties (3)

Serious Fraud Investigation Office Respondent Nishant Muttreja Petitioner Sushant Muttreja Petitioner

Case Significance

Sushant Muttreja vs Serious Fraud Investigation Office is a Delhi High Court decision dated December 23, 2024 (citation: ik-135667205). Two brothers, directors of a real estate company (CSL), sought regular bail in connection with an SFIO investigation into alleged corporate fraud involving siphoning of homebuyers' funds. The court considered the extended period of incarceration, the petitioners' cooperation, and the fact that the chargesheet had been filed, along with conditions requiring them to assist the revival scheme for affected homebuyers. The bail applications were allowed with conditions including surrender of passp The case was heard by Justice Chandra Dhari Singh.

Summary

Two brothers, directors of a real estate company (CSL), sought regular bail in connection with an SFIO investigation into alleged corporate fraud involving siphoning of homebuyers' funds. The court considered the extended period of incarceration, the petitioners' cooperation, and the fact that the chargesheet had been filed, along with conditions requiring them to assist the revival scheme for affected homebuyers. The bail applications were allowed with conditions including surrender of passports, reporting to police twice weekly, and making efforts towards implementation of the court-approved revival scheme for the company's projects.

What was the outcome of Sushant Muttreja vs Serious Fraud Investigation Office?

Two brothers, directors of a real estate company (CSL), sought regular bail in connection with an SFIO investigation into alleged corporate fraud involving siphoning of homebuyers' funds. The court co...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-135667205)