https://www.taxtmi.com/caselaws?id=401357 Regular bail was refused in a fraud prosecution alleging fraudulent transfer and pledging of mutual fund units, where the Court treated the accusations as disclosing grave economic offences involving alleged breach of fiduciary trust and public confidence. The scale of the alleged transaction, supported by forensic and regulatory material, weighed against bail, and the fact that the applicant was not arrested during investigation did not create any automatic entitlement to release. General assurances against flight risk, evidence tampering, or witness influence were found insufficient on the facts. The prayer for interim bail was not pursued. en-us Tue, 01 Dec 2020 00:00:00 +0530 Fri, 04 Dec 2020 23:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401357 Regular bail was refused in a fraud prosecution alleging fraudulent transfer and pledging of mutual fund units, where the Court treated the accusations as disclosing grave economic offences involving alleged breach of fiduciary trust and public confidence. The scale of the alleged transaction, supported by forensic and regulatory material, weighed against bail, and the fact that the applicant was not arrested during investigation did not create any automatic entitlement to release. General assurances against flight risk, evidence tampering, or witness influence were found insufficient on the facts. The prayer for interim bail was not pursued. Case-Laws SEBI Tue, 01 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401357