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Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
HC granted bail to accused in GST fraud case involving unauthorized Input Tax Credit (ITC) passed through fictitious firms. The court considered material factors including filing of complaint, ongoing investigation status, and accused's custody period since November 2022. Given likelihood of prolonged trial duration, court deemed accused eligible for bail release. Release ordered upon furnishing personal bond with two local sureties subject to specified conditions. The ruling balanced prosecutorial interests with personal liberty, applying standard bail jurisprudence principles where continued detention appeared unwarranted given case circumstances.
HC granted bail to accused in GST fraud case involving unauthorized Input Tax Credit (ITC) passed through fictitious firms. The court considered material factors including filing of complaint, ongoing investigation status, and accused's custody period since November 2022. Given likelihood of prolonged trial duration, court deemed accused eligible for bail release. Release ordered upon furnishing personal bond with two local sureties subject to specified conditions. The ruling balanced prosecutorial interests with personal liberty, applying standard bail jurisprudence principles where continued detention appeared unwarranted given case circumstances.
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