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HC grants conditional bail to chit fund case accused

Press Trust of India  |  Cuttack 

The has granted conditional to a arrested by the CBI in a case.

was arrested along with her husband and of the company, Soubhagya Samal from in June 2016.

The company had allegedly duped hundreds of investors from Odisha.

Allowing the application, Justice S Mishra yesterday directed Samal to produce a of Rs two crore and furnish bonds of Rs two lakh each with two sureties.

She was also asked to deposit her passport with the investigating and cooperate with the investigating agency, as and when required. Her husband is still in CBI custody.

The couple had apparently gone underground, after had booked them in 2013 under several sections of the IPC and Prize Chits and Money Circulation Schemes (Banning) Act.

The case was handed over to the CBI in 2014 following orders from the

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 17 2018. 11:15 IST