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...
HC rejected bail application for two accused involving bribery of public servant. The court found active participation of the accused in demanding and receiving bribe of Rs. 500,000 for settling tax liability. Evidence included seized mobile phone with voice recordings substantiating bribe allegations. The court determined the accused entered into criminal conspiracy, violating Section 61(2) of BNS, 2023 and Sections 7 and 7A of Prevention of Corruption Act. Mere solicitation or attempt to obtain bribe constitutes an offense, and actual exchange is not essential for prosecution. Bail application was consequently denied based on substantial evidence of criminal involvement.
HC rejected bail application for two accused involving bribery of public servant. The court found active participation of the accused in demanding and receiving bribe of Rs. 500,000 for settling tax liability. Evidence included seized mobile phone with voice recordings substantiating bribe allegations. The court determined the accused entered into criminal conspiracy, violating Section 61(2) of BNS, 2023 and Sections 7 and 7A of Prevention of Corruption Act. Mere solicitation or attempt to obtain bribe constitutes an offense, and actual exchange is not essential for prosecution. Bail application was consequently denied based on substantial evidence of criminal involvement.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
