New Delhi: The Supreme Court of India on Tuesday granted bail to Sudipta Sen, chairman and the managing director of the Saradha Group, in a criminal case registered by the Central Bureau of Investigation (CBI) in Assam.
A Bench comprising Justice Sanjay Karol and Justice Augustine George Masih passed the order in the case, Sudipta Sen v. Central Bureau of Investigation, in SLP (Crl.) No. 10924 of 2026 / Criminal Appeal arising therefrom.
The Supreme Court took note of the fact that Sen had been in custody since December 30, 2016. After considering the totality of the circumstances, the Court found grounds to interfere with the order of the Gauhati High Court.
The apex court consequently set aside the Gauhati High Court order dated January 20, 2025, allowed Sen’s appeal and directed that he be released on bail on terms and conditions to be fixed by the Trial Court.
The Court also directed that Sen be produced before the Trial Court forthwith for compliance with the bail order and ordered that the trial be expedited.
The matter was argued before the Supreme Court on behalf of Sudipta Sen by Advocate Saurabh Sharma. He was assisted by Advocates Puja Kumari Shaw and Ankit Kumar, while Advocate-on-Record Aniruddha Purushotham appeared for the petitioner.
The bail order comes after Sen spent nearly a decade in custody in connection with the criminal proceedings originating from the Assam case.