Just a moment...
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Press 'Enter' to add multiple search terms. Rules for Better Search
Use comma for multiple locations.
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
Issues: Whether the applicant was entitled to bail under Section 439 of the Code of Criminal Procedure, 1973.
Analysis: The application was considered in light of the completion of investigation, filing of the charge-sheet, seizure of documentary evidence, the likely delay in conclusion of trial, the applicant's custody since 02.10.2020, and parity with co-accused who had already been enlarged on bail. The Court also noted the complainant's own investment decision and the absence of any need for further custodial interrogation.
Conclusion: Bail was granted, with release directed on furnishing of bond and surety and compliance with the conditions under Section 437(3) of the Code of Criminal Procedure, 1973.