'Professional Services' Cannot Justify Actions Benefiting Professional Himself: Delhi High Court Rejects Bail For DMAT Fraud

LIVELAW NEWS NETWORK

19 May 2026 3:40 PM IST

  • Professional Services Cannot Justify Actions Benefiting Professional Himself: Delhi High Court Rejects Bail For DMAT Fraud

    The Delhi High Court has denied bail to a finance company employee accused of fraudulently transferring shares belonging to 18 clients into his own DMAT account, observing that “professional services cannot extend to granting any benefit to the concerned professional himself.”Justice Girish Kathpalia passed the order while dismissing a bail plea filed by the accused in connection with a...

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