Summary:
more-inThe Principal Sessions Court in Chennai has dismissed the anticipatory bail application moved by Stayzilla’s co-promoter Sachit Singhi. On March 14, Mr.
Vasupal was arrested and remanded to judicial custody while the second accused Mr.
Singhi went absconding. Two days later, Mr.
Singhi moved the Principal Sessions Court seeking anticipatory bail. On April 11, Mr.
Vasupal secured bail from the Madras High Court after agreeing to deposit ?40 lakh. An FIR was registered against Yogendra Vasupal and Sachit Singhi for offences under sections 406 (Punishment for criminal breach of trust), 420 (Cheating), 506 (i) (Criminal intimidation) of the IPC..