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Breach of Fiduciary Trust by Manager Not Taken Lightly; Bail Denied in ₹71 Lakh Embezzlement Case: Jammu & Kashmir High Court

29 May 2025 3 min read
Breach of Fiduciary Trust by Manager Not Taken Lightly; Bail Denied in ₹71 Lakh Embezzlement Case: Jammu & Kashmir High Court

Taking a firm stance against abuse of fiduciary trust, the High Court of Jammu & Kashmir and Ladakh has denied anticipatory bail to Adil Hamid Wani, a petrol pump manager accused of embezzling over ₹71 lakh from his employer. Justice Sanjay Dhar emphasized the serious nature of economic offences, holding that they require stricter scrutiny and cannot be treated with leniency. Manager Allegedly Forged Financial Records to Hide Fraud The…

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