S.P. GARG, J.

1. The petitioner seeks regular bail under Section 439 Cr.P.C. in case RC 220 2017-E-0011 dated 15.05.2017 registered under Section 120B read with Section 420 IPC; Section 8 and Section 13(2) read with Section 13(1)(d) of Prevention of Corruption Act, 1988. The bail application is contested by the respondent CBI.

2. I have heard learned Senior Counsel for the petitioner and learned Addl. Solicitor General for the respondent and have examined the file.

3. The accused persons named in the FIR are :

(i) M/s. INX Media (P) Ltd., Mumbai (hereinafter “INX Media”), through the then Director, Indrani Mukherjea and others;

(ii) M/s. INX News (P) Ltd., (hereinafter “INX News”), through the then Director, Pratim Mukherjea @ Peter Mukherjea and others;

(iii) M/s. Chess Management Services (P) Ltd., (in short “CMS”), represented through its Director, the present petitioner and others;

(iv) M/s. Advantage Strategic Consulting (P) Ltd., (in short “ASC”), represented through its Director, Padma Vishwanathan @ Padma Bhaskararaman and others; and

(v) Unknown officers of the Ministry of Finance, Government of India and other unknown persons.

4. ‘INX Media’ was incorporated on 08.08.200