Producer Parag Sanghavi, who was arrested in the alleged cheating case involving the directors of Kamala Landmarc, was released on bail on January 13. The 47th metropolitan magistrate directed that Sanghavi be released on a cash bail of Rs. 1 lakh.
While granting bail, the court observed, “It appears from the police papers and chargesheet that the main accused, Jitendra Jain, was released on bail in October 2019. Other accused, Jinendra Jain, is also out on bail. Even the chargesheet came to be filed against remaining accused, therefore, there is no question of tampering or hampering the prosecution evidence.”