Elderly Man Granted Bail After Year and a Half in Jail.


A court order has granted bail to a 70-year-old man who had been jailed for over a year and a half on charges related to a depositor cheating case. The petitioner, who retired in February 2013, was not directly connected to the promoter companies accused of the crime.

The court considered the petitioner's age and the length of his detention in its decision. While the specific nature of the allegations against him is not mentioned, the order highlights his lack of close ties to the primary suspects.

 

 

The petitioner's release is conditional on his cooperation with the ongoing investigation into the case, specifically regarding the other accused individuals.

This case underscores the court's consideration of factors like age and the strength of the case against the defendant when making bail decisions.