Retrospective cancellation of charitable registration under section 12AB(4) was unsustainable; related-party benefit allegations did not prove nongenu...
Merger control notice and disclosure rules: Supreme Court limits penalties, rejects reopening of approved combination, and sets aside adverse findings...
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The court granted regular bail to the accused in a case involving evasion of GST u/ss 132(1)(d) etc. of the Central Goods and Services Tax Act, 2017. The allegations were that the accused caused a loss of Rs. 8.90 crore, collected as GST from various firms but not deposited with the government. The accused had already deposited Rs. 60 lakh and expressed willingness to deposit 10% (Rs. 90 lakh) of the alleged amount within seven days. Considering the recovery procedure under Chapter XV of the Act, the deposit made, the undertaking to deposit further amount, the principle of "bail is the rule and jail is an exception", and the concept of personal liberty under Article 21, the court allowed the bail application subject to fulfillment of conditions imposed.
The court granted regular bail to the accused in a case involving evasion of GST u/ss 132(1)(d) etc. of the Central Goods and Services Tax Act, 2017. The allegations were that the accused caused a loss of Rs. 8.90 crore, collected as GST from various firms but not deposited with the government. The accused had already deposited Rs. 60 lakh and expressed willingness to deposit 10% (Rs. 90 lakh) of the alleged amount within seven days. Considering the recovery procedure under Chapter XV of the Act, the deposit made, the undertaking to deposit further amount, the principle of "bail is the rule and jail is an exception", and the concept of personal liberty under Article 21, the court allowed the bail application subject to fulfillment of conditions imposed.
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