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2017 Supreme(SC) 117

ARUN MISHRA, AMITAVA ROY
MANORANJANA SINH @ GUPTA – Appellant
Versus
CENTRAL BUREAU OF INVESTIGATION – Respondent


Advocates Appeared:
For the Appellant :Amit Kumar, Advocate.
For the Respondent:K. Raghacharyulu, Kailash Pandey, Ranjeet Singh, K.V. Sreekumar, Advocates.

ORDER

Leave granted.

2. The appellant, a charge-sheeted accused in judicial custody in connection with the infamous "Chit Fund Scam" involving the Saradha Group of Companies (for short "Saradha Group") has impeached the rejection of her prayer for bail by the judgment and order impugned hereinabove and seeks her release pending further investigation by the Central Bureau of Investigation (hereafter also referred as "the CBI") into the said Ponzi scheme.

3. We have heard Mr. A. Sharan, learned senior counsel for the appellant and Mr. K. Raghavacharyulu, Special Public Prosecutor for the respondent.

4. As the preface to this investigation had been laid by this Court in its verdict in Subroto Chattoraj v. Union of India & Ors., (2014) 8 SCC 768, allusion thereto is indispensable. This Court therein was seized with the issue of transfer of several cases registered in connection with the above scam and registered in different police stations in the State of Bengal and Odisha from the State police agency to the CBI. In traversing the recorded facts, this Court took note, inter alia, of the imputed modus operandi of the persons and the entities allegedly involved in the illicit operations to
























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