https://www.taxtmi.com/caselaws?id=292578 Bail in a prosecution for alleged possession of assets disproportionate to known sources of income was considered on the basis that the material disclosed a strong prima facie case of economic misconduct. The court applied a stricter bail approach for a white-collar offence, noting that investigation remained in progress and further inquiry into financial transactions and property dealings was necessary. It treated the risk of interference with investigation and tampering with evidence as substantial. Personal hardship grounds, including medical condition and a son's proposed marriage, were found insufficient to justify release at that stage. en-us Mon, 16 Apr 2018 00:00:00 +0530 Thu, 31 Dec 2020 13:24:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292578 Bail in a prosecution for alleged possession of assets disproportionate to known sources of income was considered on the basis that the material disclosed a strong prima facie case of economic misconduct. The court applied a stricter bail approach for a white-collar offence, noting that investigation remained in progress and further inquiry into financial transactions and property dealings was necessary. It treated the risk of interference with investigation and tampering with evidence as substantial. Personal hardship grounds, including medical condition and a son's proposed marriage, were found insufficient to justify release at that stage. Case-Laws Indian Laws Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292578