Anubhav Mittal case was to be heard on 29th April following the trail after the date for next hearing on 28 April was declared. According to our sources, Anubhav Mittal, who is the Founder of Ablaze Info Solution, CEO Sridhar Prasad and Technical Manager Mahesh Dayal, All three of them got bail from the District court judge Mr. Rajendra Singh in Lucknow. The government website for court orders has not released any orders online, however Edunia team has solid confirmation of the news.

Bail for all three of them was granted for 2 Lakhs each they have to pay it from their personal money which is definitely white money.

Bail from judge granted only because, ED team failed to prove the Accused Anubhav Mittal and team guilty rather ED team failed to provide any solid evidence against SocialTrade team in the given period of time i.e 60 days.

Anubhav Mittal was handed over to ED Team of Lucknow, UP from STF of Gautam Budh Nagar in the the Money Laundering case. Hence as the case from Lucknow has winded up, due to ED team not able to provide any solid evidence against Mittal and team, this case now will be back to UP STF team and they will have do the further proceedings of the case in the Gautam Budh Nagar court. Also, if the case is reopened in Lucknow, he will have to show himself there.

But Investors can get some relief that, if the ED team failed to prove the social trade team guilty than STF team might also fall in the same group.

Anubhav Mittal and his team of Social Trade were arrested on 3rd February 2017 in the online scam of 3700 crores case by the UP STF team, Gautam Budh Nagar. After which the case was handed over to ED Team, Lucknow and than ED team was given 60 days time to prove the accused guilty, failing which Socialtrade team has managed to get the bail right now.

ED team started the trial of having their proofs before law from 27 April and the trial continued for 2 days and finally the order of bail was given by the court on 29 April.

But, it’s just a bail right now and not all the problems on Mittal and team is solved till now hence they better get prepared for the next procedures.

All the best for future Anubhav Mittal.