DELHI HIGH COURT
POONAM A.BAMBA
Ishma Arora – Appellant
Versus
State of NCT – Respondent
| Table of Content |
|---|
| 1. defrauding banks via forged documents. (Para 1 , 2) |
| 2. petitioner's arguments for bail. (Para 3) |
| 3. state's opposition to bail application. (Para 4 , 5) |
| 4. court's analysis of evidence. (Para 6 , 7 , 8) |
| 5. comparison with co-accused in bail context. (Para 9) |
| 6. bail application dismissed. (Para 10 , 11 , 12) |
JUDGMENT
Poonam A. Bamba, J. Vide this application u/s 439 Cr.P.C filed through Parokar/mother-in-law Smt. Neena Arora, the petitioner is seeking bail in case FIR no. 56/2016, dated 11.06.2016, under Sections 420/467/468/471/120-B/34 Indian Penal Code, 1860, PS EOW.
2. The present case came to be registered on the complaint of Bank of Maharashtra alleging that the petitioner Ishma Arora, proprietor of M/s. Banke Bihari Trading Company availed Cash Credit facility of Rs.200 lakhs from Bank of Maharashtra, Branch Office Bhikaji Cama Place, New Delhi, by mortgaging her property bearing no. H-5/10, Krishna Nagar, Delhi on the basis of forged documents. Petitioner's husband A-2/Nitin Arora stood guarantor in the said Cash Credit Facility. Subsequently, it was revealed that the said property had already been mortgaged by the petitioner and her husband with other banks
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