TMI BlogHigh Court Denies Bail for Appellant Accused of Diverting Public Funds Through 27 Companies Linked to Rose Valley Group.Appellant floated as many as 27 companies to allure the investors to invest in their different companies on a promise of high returns and funds were collected from the public at large which were subsequently laundered in associated companies of Rose Valley Group - High Court has not committed any wrong in refusing bail in the given circumstances. - SC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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