JUDGMENT :

ANU MALHOTRA, J.

1. The applicant Gaurav Kumar seeks the grant of bail in CC No.720/2017 pending before the learned Special Judge (Companies Act) Dwarka District Courts, Delhi submitting to the effect that he has been vide the order dated 24.5.2019 of the Special Judge (Companies Act) Dwarka District Courts (the applicant arrayed as accused No.88) summoned for the alleged commission of offences punishable under Sections 477A read with Section 120B Indian Penal Code, 1860 and under 628 of the Companies Act 1956 and under Section 448 of the Companies Act, 2013.

2. The facts as put forth through the complaint case No.720/2017 filed by the Serious Fraud Investigation Office under Section 439 read with Section 212(15) of the Companies Act, 2013 and Section 193 of the Cr.P.C., 1973 bring forth that pursuant to WP(C) No.818/2015 Ranvir Singh vs. UOI filed in the Hon’ble Supreme Court of India pursuant to the order dated 14.12.2015 wherein it was alleged that Mohd. Iqbal, a resident of Saharanpur had :

• Amassed disproportionate assets;

• Incorporated a number of sham companies u