https://www.taxtmi.com/caselaws?id=370594 An interim order directing release of an /accused was stayed because it went beyond the challenge to statutory validity and risked impeding ongoing investigation and other steps under the Companies Act, 2013; the Court also noted that settled bail considerations under Section 439 CrPC, including the gravity of the alleged offence, had not been addressed. Since the respondent had already been released before the stay, that interim protection was continued on a limited basis, with an additional reporting condition and liberty to seek recall or modification. The connected writ petition was withdrawn from the High Court and transferred for joint hearing with pending matters. en-us Tue, 04 Sep 2018 00:00:00 +0530 Sat, 09 Jul 2022 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370594 An interim order directing release of an /accused was stayed because it went beyond the challenge to statutory validity and risked impeding ongoing investigation and other steps under the Companies Act, 2013; the Court also noted that settled bail considerations under Section 439 CrPC, including the gravity of the alleged offence, had not been addressed. Since the respondent had already been released before the stay, that interim protection was continued on a limited basis, with an additional reporting condition and liberty to seek recall or modification. The connected writ petition was withdrawn from the High Court and transferred for joint hearing with pending matters. Case-Laws Companies Law Tue, 04 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370594