Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
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Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
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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