bai rejected

Bombay High Court refuses anticipatory bail to advocates accused of cheating investor with false promises of 10–15% monthly profit in share trading: “When inducement is coupled with inherently impossible assurances, the offence of cheating comes into play”

Court’s Decision The Bombay High Court dismissed an anticipatory bail application filed by two applicants accused of cheating an investor by inducing him to part with ₹30 lakh on the…
supreme court

Supreme Court: “Representation that induces no wrongful gain or loss cannot amount to cheating; use of alleged fake NOC immaterial where NOC itself was not required” – Proceedings under Section 420 IPC quashed against educational society

Court’s Decision The Supreme Court allowed the criminal appeal and quashed proceedings against the appellant’s educational society under Section 420 IPC. The Court held that since the building of the…