(1.) Where, based on alleged, prima facie, strong evidence, serious allegations of cheating, criminal breach of trust, forgery and siphoning of student scholarship funds in conspiracy with the government and bank officials have been levelled against the head of a private educational institute, then should he be granted regular bail on the ground that the investigating agency will take indefinite and indeterminate time for completely investigating the matter, considering the fact that investigation of one out of the two involved institutes headed by this person is over and of the other institute is going on at slow pace, is the main question raised in this bail petition.
(2.) Gist of Allegations:-
(3.) Events:-