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Gurugram Court Denies Bail to Ocean Seven Ex-CEO in ₹5.7 Cr Fraud

GURUGRAM: A sessions court has denied anticipatory bail to the former CEO of Ocean Seven Buildtech Pvt Ltd (OSBPL) in a case involving allegations of cheating and forgery. This ruling arrives 12 years after a family was reportedly “induced” to invest ₹2.8 crore with promises of “high returns.” According to complainant Amit Rastogi, that amount with interest grew to ₹5.7 crore over time. The court, presided by sessions judge Vani Gopal Sharma, issued the order on Monday after extensive hearings where the complainant, the state prosecutor, and the buyers’ association objected to bail for former OSB CEO Sanjeev Kumar related…