Supreme Court grants anticipatory bail in contract breach case
In a significant ruling, the Supreme Court of India, in Criminal Appeal No. of 2024 arising out of SLP(Crl.) No. 14423 OF 2023, addressed the issue of whether a mere breach of contract could be deemed a criminal offense under Section 420 or Section 406 of the Indian Penal Code, 1860. The case involved appellants Jay Shri and Hitesh Kela versus the State of Rajasthan. The apex court, comprising Justices…