Bombay HC denies pre-arrest bail to 1992 batch civil services officer in duping case

The Bombay High Court denied pre-arrest bail to Ashutosh Kumar and Sanjay Pandey, co-accused in a case of duping investors, stating that custodial interrogation is necessary for a fair investigation. The court observed that the duo, along with another accused, were present and collected the cash amount from the investors. The accused are accused of inducing five persons to part with Rs 5.5 crore under the guise of investment in development projects. Kumar's wife, Monica Kumar, was granted pre-arrest bail as she had no role in inducing investors or handling money.