Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
Grant of Regular Bail - In a case where the State sought to challenge the grant of regular bail to the respondent-accused, the High Court of Gujarat considered the arguments presented by both parties. While the State vehemently argued for bail cancellation, citing the failure to consider relevant factors and objections, the respondent's counsel supported the impugned order, pointing to the precedent of a co-accused being granted bail without challenge. Despite serious allegations leveled by the State regarding a significant financial scam, the Court found no such circumstances affecting the fairness of the trial or breaching bail conditions. - Consequently, the High Court dismissed the petition, affirming the impugned order and discharging the rule.
Grant of Regular Bail - In a case where the State sought to challenge the grant of regular bail to the respondent-accused, the High Court of Gujarat considered the arguments presented by both parties. While the State vehemently argued for bail cancellation, citing the failure to consider relevant factors and objections, the respondent's counsel supported the impugned order, pointing to the precedent of a co-accused being granted bail without challenge. Despite serious allegations leveled by the State regarding a significant financial scam, the Court found no such circumstances affecting the fairness of the trial or breaching bail conditions. - Consequently, the High Court dismissed the petition, affirming the impugned order and discharging the rule.
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