Investment fraud accused can’t seek bail under Criminal Procedure Code, Legal News, ET LegalWorld – Legal Firms

Bail petitions under section 438 or 439 of the Criminal Procedure Code are not maintainable when Karnataka Protection of Interest of Depositors (KPID) in Financial Establishments Act 2004, a special enactment, is invoked against an accused, the high court observed in a recent judgment."The only remedy available is to file...