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2002 Supreme(Del) 525

K.S.GUPTA
S. M. MUDDASSIR – Appellant
Versus
STATE OF DELHI – Respondent


K. S. GUPTA

( 1 ). This revision petition by the accused is directed against the order dated 7th February 2002 of an Additional sessions Judge cancelling the bail granted by him by the order dated 20/10/2000.

( 2 ). Facts giving rise to this petition, in brief, are these. FIR No. 43/2000 under sections 420/406/409/468/471/ 120b IPC PS New Friends Colony was registered on the complaint made by one K. R. Singh. The allegations made therein were that complainant had been cheated by Al Falah group of Companies and its Chairman and directors to the tune of Rs. 95 lakhs which they collected from him under various schemes. After registration of case, about 350 more complaints were received from other investors against said al Falah Group of Companies and its directors alleging cheating and misappropriation of their amounts of approximately Rs. 7. 5 crores; First chargesheet was filed on 26/04/2000 in which only 3 directors were chargesheeted. Petitioner who was one of the directors of company and shown in column No. 2 in that chargesheet, was arrested on 5/09/2000 and admitted to bail on 20th october 2000. In second chargesheet filed on 31/03/2001, petitioner has been arrayed as one of the











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