Final Order 9

Order Details: COPY OF JUDICIAL PROCEEDINGS
Pdf Text: Bail Matter No. 1113/2026
Shridhar Dilip Ingale vs. State
e-FIR No. 24/2025
P. S : Cyber, New Delhi
U/s : 318(4)/112(2)/61(2) BNS
06.07.2026
This is an application u/s 483 BNSS filed on behalf of applicant/accused
Shridhar Dilip Ingale for grant of regular bail.
Present: Ms. Manisha Singh, Ld. Addl. PP for State.
SI Sombir, IO of the case (Through VC).
Sh. Kuldeep Yadav, ld. Counsel for applicant/accused.
1. Reply to the bail application has already been filed.
2. Arguments heard and the record including the trial court record
perused.
3. Ld. Counsel for the applicant/accused has submitted that applicant
is in custody in this case since 29.01.2026, he has been falsely implicated
in the present matter, is not required for further investigation as the
charge sheet has already been filed and has clean antecedents. Ld.
Counsel for the applicant has submitted that co-accused persons, namely,
Vishal Durgadas Bachal, Pranav Jalinder Guldagad, Ajij Miran Sheikh
and Archiryan Goraksh Kamble have already been released on bail. He
has submitted that the applicant is not the beneficiary of the alleged
amount in question. It was stated that the applicant is not a flight risk and
Contd...2.
-- 1 of 5 --
- 2-
there is no apprehension of influencing or threatening the witnesses. He
submitted that any condition may be imposed and that the
applicant/accused may be admitted to bail in this case.
4. Ld. Addl. PP for State has opposed the application submitting
that the applicant sold various mule bank accounts along with account kit
to co-accused person Chaitanya on commission basis and runs a cyber
syndicate with the help of co-accused persons. She submitted that chat
records between the applicant and co-accused persons clearly establish
his role in the cyber fraud. She has submitted that the alleged mobile
phone (VIVO S-1) from which the alleged calling number (+91-
8348452495) was used was recovered from the possession of the
applicant/accused.
5. The case of the prosecution in nutshell is that the present
FIR was registered on the complaint of Sh. Novin Rai made on NCRP
portal on 04.09.2025 alleging that on 07.07.2025, he had opened an OTC
account in the name of Nextbillion Technology Private Limited (which is
the former name of Grow Invest Tech Private Limited) for the purpose of
investing in the stock market. After opening the account, he was
contacted by an assistant, namely, Parineeti Jain, whose contact number is
8348452495 and the phone numbers mentioned below were active in their
group 8596917586, 8763310338, 8513973607, 8437081033,
9775870562, 9647112589, 9434891985, 9134205825, 9647272585,
Contd...3.
-- 2 of 5 --
- 3 -
Bail Matter No. 1113/2026
Shridhar Dilip Ingale vs. State
e-FIR No. 24/2025
P. S : Cyber, New Delhi
U/s : 318(4)/112(2)/61(2) BNS
8300381458, 8609878552, 8897590857 and 8436905719. He stated that
after two months, he came to know that the company is not a legal entity
and it has been misleading him and committing fraud. He stated that he
had paid a total amount of Rs.12,22,670/- for investment purposes.
6. IO upon enquiry has submitted that the charge sheet has already
been filed and the applicant is not required for further investigation. He
has submitted that the applicant sold various mule bank accounts along
with account kit to co-accused Chaitanya on commission basis and the
alleged mobile phone in which the alleged calling number was used was
recovered from the possession of the applicant. It was also stated that the
applicant has clean antecedents. It was also an admitted position that all
the remaining 4 co-accused persons have already been admitted to bail in
this case.
7. The role of applicant/accused Shridhar Dilip Ingale is to the effect
that the applicant sold various mule bank accounts along with account kit
to one Chaitanya on commission basis and the alleged mobile phone
VIVO S-1 in which the alleged calling number was used was recovered
from the possession of the applicant.
Contd...4.
-- 3 of 5 --
- 4 -
8. The applicant/accused is in custody in this case since
29.01.2026 i.e. he has suffered a custody of about 5 months and 8 days.
It is an admitted position by the IO that all the above sasid 4 co-accused
persons have already been admitted to bail in this case. The charge sheet
has already been filed and it seems that the applicant is not required for
any further investigation. The applicant is stated to have clean
antecedents. The prosecution has also not raised any serious
apprehension that if applicant is admitted to bail then he is flight risk or
he may tamper with the evidence. In view of the above said discussion,
totality of the facts and circumstances of the case, period of custody of
applicant and he is not required for further investigation, no fruitful
purpose would be served by keeping the above said applicant in further
custody. The applicants/accused Shridhar Dilip Ingle is thus admitted to
bail on furnishing a personal bond in the sum of Rs.40,000/- with one
surety of the like amount subject to the satisfaction of Ld. CJM/Ld.Trial
Court/Ld.Duty JMFC subject to the following conditions:
a) The applicant/accused shall be regular to appear before ld.Trial
Court during the trial of the case.
b) The applicant/accused shall not commit any similar offence or any
offence while on bail.
c) The applicant/accused shall not make any inducement, threat or
promise to any witness or person acquainted with the facts of the
present case and shall not try to tamper with any evidence.
d) The applicant/accused shall not misuse the liberty of bail in any
manner and shall not flee from justice.
Contd...5.
-- 4 of 5 --
- 5 -
Bail Matter No. 1113/2026
Shridhar Dilip Ingale vs. State
e-FIR No. 24/2025
P. S : Cyber, New Delhi
U/s : 318(4)/112(2)/61(2) BNS
e) The applicant/accused shall not leave India without the prior
permission of the ld. Trial Court.
9. It is clarified that if the applicant/accused would violate any of the
above said conditions of bail then the prosecution or the investigating
agency shall be at liberty to move an application for cancellation of bail
of the accused persons.
10. The observations as made in this order are only for the disposal of
the present bail application and these shall not be any reflection on the
merits of the case.
11. The present bail application is disposed of accordingly.
12.
Copy of this order be given dasti and be also sent to the concerned
Jail Superintendent for necessary information.
13. Trial court record be sent back along with copy of the order.
(Amit Bansal)
Roster Judge:ASJ-02
NDD/PHC/New Delhi
06.07.2026
-- 5 of 5 --