Mohali court grants bail to businessman in vigilance case linked to Majithia

The defence argued that Gulati had cooperated fully with the Vigilance Bureau, submitted all requested documents, and was falsely implicated after he refused to give a statement under pressure claiming Majithia had asked him to manage illicit funds. The prosecution, however, described Gulati as a “core conspirator and financial conduit” who allegedly routed over 10 crore to entities linked to Majithia between 2008 and 2014, including pre-licence transfers of around1.15 crore to S.D. Beverages Pvt. Ltd.

The court granted bail on a personal bond of 1 lakh with one surety of the same amount, and imposed conditions including surrendering his passport, not leaving India without permission, not tampering with evidence, and appearing on all court dates.

The order comes days after the Supreme Court granted bail to the main accused, Bikram Singh Majithia, on February 2. The trial is ongoing.