https://www.taxtmi.com/caselaws?id=395295 The court granted bail to the petitioner in a case involving allegations of fraud by Rockland Hospitals Limited. Despite the Serious Fraud Investigation Office's claims of the petitioner's involvement in fraudulent activities, the court found no grounds to withhold bail, noting the petitioner's compliance with investigations and lack of involvement in bank loan guarantees. The petitioner's health condition was not considered a sufficient reason for bail. Comparisons with other accused individuals and the application of legal precedents led to the grant of bail upon furnishing a bond and surety. The court's decision did not impact the trial court proceedings. en-us Thu, 14 May 2020 00:00:00 +0530 Fri, 15 May 2020 11:17:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395295 The court granted bail to the petitioner in a case involving allegations of fraud by Rockland Hospitals Limited. Despite the Serious Fraud Investigation Office's claims of the petitioner's involvement in fraudulent activities, the court found no grounds to withhold bail, noting the petitioner's compliance with investigations and lack of involvement in bank loan guarantees. The petitioner's health condition was not considered a sufficient reason for bail. Comparisons with other accused individuals and the application of legal precedents led to the grant of bail upon furnishing a bond and surety. The court's decision did not impact the trial court proceedings. Case-Laws Companies Law Thu, 14 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395295