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Initial arrest in financial fraud


01-May-2024 (In Criminal Law)
We a group of 5 people filed a financial fraud case against a person u/s 406/409/420 amounting to 1 cr. IO has now made an arrest and the accused is sent to police custody for 5 days. As per IO, accused made some illegal gains and is not cooperating in investigation. Can someone please share what will happen next since accused is not cooperating with police, Will accused now apply for bail or he doesn't need to? If he doesnt cooperate, can IO give him a clean chit without sufficient prrofs?
Answers (5)

Answer #1
716 votes
Accused will definitely apply for bail but since the case is filed , investigation will continue and a chargesheet will be filed . After that trial will commence. But you can also file a civil suit for recovery of money
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Advocate Vinay Redhu

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Answer #2
559 votes
If the accused is not cooperating with the police then he/she will not be able to get bail because the police will also be called on the date of bail and they will definitely argue in the court that he/she is not cooperating with the police and that's why bail should not be granted to the accused person. For more legal assistance I am just a call away.
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Advocate Jitender Singh

Adv. Jitender Singh

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Answer #3
616 votes
there are many facts you must have disclosed in your complaint so io have to investigate each and every possible clues that are in complaint for better handling of you case you need to engage good advocate to used law in best way to make you case stronger.
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Advocate Rajesh Kumar

Adv. Rajesh Kumar

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Answer #4
711 votes
Greetings of the day. It is advisable to seek a detailed legal consultation from an Advocate and get the contents of the FIR legally perused. The lawyer will inspect the file and will advise you how to proceed in the matter. Without documents and Consultation it would not be possible for any lawyer to advise you.
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Advocate Anubhav Kathuria

Adv. Anubhav Kathuria

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Answer #5
673 votes
if accused is not supporting IO than it's a good point for you at the time of bail arguments.. generally it's not so easy to get bail in these sections but everyone have right he can move bail application... bs apko thoda dhyan rkhna hai vo kab bail file krta hai apko oppose krni hai bail.. contact us for more free legal advice
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Advocate Ankush Chaudhary

Adv. Ankush Chaudhary

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Advocate Pavan Kumar Gudipati
Without Knowing FIR and Remand Copy, it is very difficult to understand actual case situation. Then after, you have to file Bail at Proper Court or State High Court.

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