Gautam Thapar involved in grave and serious offence, says Mumbai court while rejecting bail

A Special Court rejected the bail application by Avantha Group promoter and businessman Gautam Thapar.

A special court in Mumbai rejected the bail application of Avantha Group promoter and businessman Gautam Thapar saying that Thapar is involved in a grave and serious economic offence.

"Prima facie the allegations are sufficient to show the complicity of Gautam Thapar in a grave and serious offence. Considering the facts of the matter, the gravity and nature of the offence and in the larger interest of the society, I am not inclined to allow the prayer by using discretion in favour of Thapar," said the special court judge while rejecting the bail plea.