Bombay HC grants Bail to Chartered Accountant and 10 Others in Bank Fraud Case worth Rs. 292 Crores [Read Order]

Bombay High Court - Chartered Accountant - Bail to Chartered Accountant - Bank Fraud Case - taxscan

The Bombay High Court has recently granted bail to Chartered Accountants and ten others in the bank fraud case filed on the basis of a complaint by the General Manager of Indian Overseas Bank (IOB), Mumbai. The accused had allegedly acquired a loan from the IOB to the tune of Rs. 292.20 Crores. A case…

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