As per case facts, the matter involves misappropriation and diversion of funds by the SRS Group of Companies from a consortium of banks. The Serious Fraud Investigation Office initiated an ... investigation, leading to a criminal complaint against numerous accused, including the petitioners who are Chartered Accountants. Allegations against the petitioners, acting as Statutory and Internal Auditors, involve auditing falsified financial statements and failing to conduct proper due diligence. After the trial court dismissed their anticipatory bail pleas and issued summons, these petitioners approached the High Court seeking anticipatory bail, where interim bail was previously granted. The central legal question before the High Court was to determine the precise role and culpability of these Chartered Accountants in obtaining and siphoning off funds. Finally, the High Court found no evidence that the petitioners played a role in obtaining bank loans or received undue enrichment. Their culpability was seen as dereliction of duty, not warranting custodial interrogation, especially since investigators had not arrested them earlier. Granting anticipatory bail on grounds of parity with other co-accused, the High Court allowed the petitions and made the interim bail orders absolute.