https://www.taxtmi.com/caselaws?id=282418 In a non-bailable offence involving large-scale cheating of the public, interim bail under Section 439 CrPC may be refused where the gravity and scale of the alleged fraud outweigh the general rule that bail is ordinarily preferred. The Court treated the alleged systematic inducement of numerous investors and the substantial loss caused as decisive, and also noted that the applicant had not acted bona fide in complying with the conditions attached to interim bail, including steps toward sale of property and deposit of proceeds. On those facts, the Court declined to extend interim bail. en-us Tue, 10 Jul 2012 00:00:00 +0530 Wed, 07 Aug 2019 10:58:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282418 In a non-bailable offence involving large-scale cheating of the public, interim bail under Section 439 CrPC may be refused where the gravity and scale of the alleged fraud outweigh the general rule that bail is ordinarily preferred. The Court treated the alleged systematic inducement of numerous investors and the substantial loss caused as decisive, and also noted that the applicant had not acted bona fide in complying with the conditions attached to interim bail, including steps toward sale of property and deposit of proceeds. On those facts, the Court declined to extend interim bail. Case-Laws Indian Laws Tue, 10 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282418