A court decision has been made regarding Sunil Varma, who is associated with Mehul Choksi. Varma is currently out on interim bail, which was granted after his arrest. His lawyer had requested that he be released on bond, but this plea was rejected.

Varma will now need to obtain bail based on the merits of his case. He is a key figure in a business linked to Mehul Choksi. Further details about the case and the court's decision are available.

The outcome of the proceedings may have implications for Varma and his associates.