Thane Court Rejects Bail Plea in ₹2 Crore Property Dispute

A court in Thane, India, has refused to grant anticipatory bail to Bijal Mukhi, the estranged wife of Jay Mukhi, who is accused in a 2016 drug case.

Jay claims that Bijal and his mother-in-law, Jasmine Adalja, sold his property worth ₹2 crore without his consent to repay a business loan.

Bijal argues that the property was sold to repay the loan taken by Jay.

The court found that the sale proceeds were used to repay a different loan, not the one Bijal claimed.

The court also noted that Bijal did not inform Jay about the sale of the property.

The court believes that a thorough investigation is necessary and that granting bail would hamper the investigation.