https://www.taxtmi.com/caselaws?id=390214 Section 212(6) of the Companies Act was treated as a potential restraint in a bail matter involving alleged corporate fraud, but its application was found doubtful where the accused was not specifically charged under Section 447 and the alleged material consisted only of unsigned draft records, not filed or endorsed statements. Bail was then granted because the investigation was complete, the charge-sheet had been filed, the applicant's role was limited to preparing statutory records after the relevant events, similarly placed co-accused had already obtained bail, and no concrete risk of absconding, tampering with evidence, or influencing witnesses was shown. en-us Tue, 24 Dec 2019 00:00:00 +0530 Thu, 26 Dec 2019 06:46:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390214 Section 212(6) of the Companies Act was treated as a potential restraint in a bail matter involving alleged corporate fraud, but its application was found doubtful where the accused was not specifically charged under Section 447 and the alleged material consisted only of unsigned draft records, not filed or endorsed statements. Bail was then granted because the investigation was complete, the charge-sheet had been filed, the applicant's role was limited to preparing statutory records after the relevant events, similarly placed co-accused had already obtained bail, and no concrete risk of absconding, tampering with evidence, or influencing witnesses was shown. Case-Laws Companies Law Tue, 24 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390214