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...
An application seeking bail for recovery of contraband items was filed. The applicant submitted being falsely implicated. Considering the applicant's lack of criminal history, no flight risk or potential to influence witnesses or tamper with evidence, and the fact that contentions are yet to be tested at trial, the court granted bail. Additionally, co-accused in the case were previously granted bail. Given the severity of potential punishment if convicted and period of incarceration, and no apprehension expressed by the prosecution regarding fleeing justice or tampering with evidence, the court found the applicant entitled to bail at this stage without expressing opinion on merits. The applicant was ordered to be released on bail upon furnishing personal bond with two sureties to the court's satisfaction.
An application seeking bail for recovery of contraband items was filed. The applicant submitted being falsely implicated. Considering the applicant's lack of criminal history, no flight risk or potential to influence witnesses or tamper with evidence, and the fact that contentions are yet to be tested at trial, the court granted bail. Additionally, co-accused in the case were previously granted bail. Given the severity of potential punishment if convicted and period of incarceration, and no apprehension expressed by the prosecution regarding fleeing justice or tampering with evidence, the court found the applicant entitled to bail at this stage without expressing opinion on merits. The applicant was ordered to be released on bail upon furnishing personal bond with two sureties to the court's satisfaction.
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