TMI Blog2021 (1) TMI 1292X X X X Extracts X X X X X X X X Extracts X X X X ..... was not aware about the hidden risk and volatility of the money market. The applicant is in custody since 02.10.2020. The investigation is complete and Challan has been filed. All the documentary evidence has been seized by the police. The trial may likely to take time to conclude. The main accused Vinayak Nakaswal is already in custody. The applicant is also having parity with the case of co-accused who have already been enlarged on bail by this court. The applicant is directed to be released on bail on her furnishing a personal bond in the sum of Rs.1,00,000/- with one solvent surety of the like amount to the satisfaction of the trial Court for her regular appearance before the trial Court during trial with a condition that she shall r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as interest as assured by them, therefore, they committed an offence of cheating and forgery. Learned counsel for the applicant submits that the coaccused Mayur Nakaswal and Saurabh Nakaswal have been granted bail by this Court vide MCRC no.45566/2020 MCRC No.48136/2020 respectively. The so called two investment firms are in the name of Vinayak Nakaswal and are registered with the SEBI. The license of sole proprietorship firm is in the name of Vinayak Nakaswal and agreement of franchise with the Goodwill Wealth Management is in the name of the present applicant. In the FIR the complainant has admitted that he deposited the amount in the bank account of Goodwill Wealth Management in the name of his wife. No false assurance was ever giv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 20. The investigation is complete and Challan has been filed. All the documentary evidence has been seized by the police. The trial may likely to take time to conclude. The main accused Vinayak Nakaswal is already in custody. The applicant is also having parity with the case of co-accused who have already been enlarged on bail by this court. Considering the facts and circumstances of the case without commenting on the merits of the case, the application is allowed. The applicant is directed to be released on bail on her furnishing a personal bond in the sum of Rs.1,00,000/- (Rupees One Lakh) with one solvent surety of the like amount to the satisfaction of the trial Court for her regular appearance before the trial Court during trial wit ..... X X X X Extracts X X X X X X X X Extracts X X X X
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