A court here has directed the police not to arrest two accused in the Rs 264 crore Medikabazaar `corporate fraud' case. The court granted the interim relief on Tuesday while hearing pre-arrest bail applications of the accused. Mumbai Police's Economic Offences Wing (EOW) is investigating an alleged Rs 264 crore corporate fraud linked to Boston Ivy Healthcare Solutions Pvt Ltd, the parent company of B2B (business to business) medical-supplies platform Medikabazaar.
The probe stems from a complaint filed by co-founder and former CEO Vivek Tiwari who accused the company's current management and foreign investor partners of large-scale financial misconduct and an attempt to forcibly remove him.
The FIR, initially filed at MIDC Police Station and later transferred to the Corporate Fraud Cell,

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