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2019 (12) TMI 479 - HC - Indian LawsGrant of anticipatory bail - petitioner acted as a guarantor to a loan facility obtained by one of the sister concern Society of the Company i.e. Prabhu Dayal Memorial Religious Educational Association. The said Society defaulted in repayment of the loan - all the bank accounts of accused company and other directors have been freezed to stop the further movement of invested amount of the investors - HELD THAT:- Keeping in view the serious allegations mentioned above against the petitioner, who has played key role in the present case and due to the material documents which are required to be seized from the petitioner, for which custodial interrogation is required, therefore, I am not inclined to grant anticipatory bail to the petitioner. Petition dismissed.
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