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13. With regard to third component of Rs.68.82 Crores, Mr. Mundargi would submit that the said transactions are also evidenced by consultancy agreements. The fact that few of the agreements are not signed on behalf of DHFL does not necessarily imply that those consultancy agreements were false and fabricated. In any event, that would be a matter for adjudication at the trial.

14. Mr. Mundargi further submitted that as the investigation is complete, further detention of the applicant would be nothing 1-BA2383-2023-.DOC but a pre-trial punishment. It was also submitted that apart from the applicant, most of the rest of the accused have been enlarged on bail, regular; default or interim, on medical grounds. The applicant has been in custody for almost two years. Having regard to the punishment which the offence under Section 420, entails, with which the applicant can, at best, be charged, the applicant deserves to be enlarged on bail.

(5) The applicant appears to have roots in society to tie him down to his place of abode and business. Possibility of fleeing away from justice appears to be remote.

(6) Most of the co-accused are enlarged on bail, regular, default or interim bail on medical grounds.

(7) Possibility of tampering with evidence also appears to be remote as the offences revolve around documents.

(8) In any event, the apprehension on the part of the prosecution can be taken care of by imposing conditions.