Sandeep Goyal Vs Union of India
Date: April 16, 2020
Subject Matter
Investigation Completion and Bail for Accused in Fake Firms Fraud Mandated by Court
Summary
The Supreme Court, taking into account the petitioner's incarceration for one year and eight months against a maximum possible sentence of five years, for an alleged fraud of Rs. 74 crores involving 555 fake firms, directed the State to complete the…
FULL TEXT OF THE SUPREME COURT JUDGMENT/ORDER The allegation against the petitioner is that he has created about 555 fake firms and has committed fraud to the tune of Rs.74,00,00,000/- (Rupees seventy four crore only). Mr. K.M. Natraj, learned additional solicitor general, submits that the investigation is still pending and more number of fake firms created by the petitioner are being detected. It…