India, Oct. 22 -- The Bombay High Court on Friday denied anticipatory bail to a Panvel-based woman accused of fraudulently transferring ownership of another woman's flat into her own name under the guise of advancing a loan. Justice Amit Borkar, while rejecting the plea of Savita Dashrath Babar, observed that the case involved "misuse of confidence and abuse of legal instruments to dispossess a woman of her property."

According to the prosecution, the complainant, Guljara Wali Ahmad Maniyar, was in financial distress and sought a loan of Rs.20 lakh from Babar to help her son start a business. It is alleged that Babar initially handed over Rs.12 lakh but later prepared documents and obtained the complainant's signature on a promissory not...