The case was registered by the Economic Offence Wing of Delhi Police on the basis of a complaint from the Register of Companies, New Delhi, which mentions the names of four companies, namely (1) M / s Goldmine Buildcon Pvt. Ltd (2) M / s Skyline Metal and Alloys Pvt. Ltd (3) M / s Sun Vision Agencies Pvt. Ltd and (4) M / s Infolance Software Solutions Ltd., for allegedly donating 50 lakhs each to the Aam Aadmi party in April 2014. The ROC alleges that all four companies are bogus and that these companies received huge amount of money in the form of an “issue premium amount”, but the source of the money was not disclosed.

The allegations against Mr. Sudhanshu Bansal are that he used to establish shell companies by acquiring DIN on the basis of false documents and photographs. The Shell companies created were used for money laundering, revenue operations and other illegal activities.

Partners of Justum Legal, Advocate Ayush Jain and Tushar Thakur appeared on behalf of Mr. Sudhanshu Bansal and argued that Mr. Sudhanshu Bansal is a CA with 18 years of experience. Since the FIR is registered, Mr. Bansal has regularly joined the investigation as and when called by the Investigating officer. The documents and the Laptop was already seized by the Investigation Officer in 2015 only when the FIR got registered. Further it was submitted that neither he is the author of the forged documents or the morphed photographs, nor the documents which were alleged to be forged were uploaded by Mr. Bansal. By concluding their arguments it is submitted that Mr. Bansal is a person with deep roots in society, has clean antecedents and has no flight risk.

Hon’ble Session judge while granting bail to Mr. Bansal observed that during the prolonged investigation there was no evidence collected by the Investigation Officer that Mr. Bansal has any link with other accused persons Further it was observed by the Ld. Judge that one does not know as to how alleged forged documents came in the possession of accused and thus, very vital link in the chain of circumstances sought to be built up by prosecution is missing. Further Accused has been in custody for 20 days and IO has not obtained IP address of computer by which forged documents were uploaded.

Further it is observed that The only allegation against accused is that he got the DIN form of Deepak Aggarwal submitted under digital signatures of Sudhanshu Bansal. The natural conclusion is that accused is no-more required for investigation.

Accordingly the bail is granted to Mr. Sudhanshu Bansal