Sakina Aameen Memon and Anr. v. State of Maharashtra
Case brief
What is this about?
Anticipatory bail application rejected — Bombay High Court, N.R. Borkar, J., 28th January 2026; ABA No.1119 of 2025; Sakina Aameen Memon & Anr. v. State of Maharashtra; Dharavi Police Station Crime No.725 of 2024; IPC Sections 406, 409, 420, 34; 'Pay World Company' investment scheme; Rs.11,88,86,000 defrauded; Applicant Nos.1 and 2 received Rs.1,33,400 and Rs.20,96,022 respectively; witness statements show participation in investor meetings and receipt of substantial amount from co-accused; custodial interrogation favoured; applicants accused as relatives of co-accused.
What did the court decide?
On perusal of the papers of investigation, it appeared from the statements of witnesses that the Applicants had participated in meetings with the investors and had received substantial amount from the co-accused. ¶7