2026February 2026LatestLegalSupreme Court

SC on grant of Bail – Cheating and Breach of Trust involving Rs.11.52 crores – Criminal Antecedents & Long Abscondence of accused

 

Judgment dated 17.2.2026 of the Supreme Court in SLP (Criminal) No.19708 of 2025 of Rakesh Mittal Vs.  Ajay Pal Gupta

Grant of Bail – Cheating and Breach of Trust involving Rs.11.52 crores – Criminal Antecedents & Long Abscondence

Grant of Bail – Serious Economic Offences

SC – Strict Bail Standards Apply to Serious Economic Offenes

Principles applied in heinous crimes apply equally to serious economic offences because such offences threaten economic security and societal well-being.

In offences of a pecuniary nature, where innocent people are cheated of their hard-earned monies by conmen, who make it their life’s pursuit to exploit and feast upon the gullibility of others, the aforestated factors must necessarily be weighed while dealing with the alleged offenders’ pleas for grant of bail.

value of life and liberty of members of society is not limited only to their ‘person’ but would also extend to the quality of their life, including their economic well-being. In offences of a pecuniary nature, where innocent people are cheated of their hard-earned monies by conmen, who make it their life’s pursuit to exploit and feast upon the gullibility of others, the aforestated factors must necessarily be weighed while dealing with the alleged offenders’ pleas for grant of bail.

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