https://www.taxtmi.com/caselaws?id=402525 Anticipatory bail under Section 438 CrPC was declined where investors were allegedly induced on the strength of a forged valuation certificate and related documents. The HC noted that the genuineness of competing documents could not be determined at the bail stage, but the gravity of the allegations, including cheating, forgery, use of forged documents and criminal conspiracy, and the need to ascertain the manner of the financial transactions justified custodial interrogation. No discretionary relief was extended in view of the seriousness of the accusations. en-us Tue, 22 Dec 2020 00:00:00 +0530 Tue, 05 Jan 2021 10:35:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402525 Anticipatory bail under Section 438 CrPC was declined where investors were allegedly induced on the strength of a forged valuation certificate and related documents. The HC noted that the genuineness of competing documents could not be determined at the bail stage, but the gravity of the allegations, including cheating, forgery, use of forged documents and criminal conspiracy, and the need to ascertain the manner of the financial transactions justified custodial interrogation. No discretionary relief was extended in view of the seriousness of the accusations. Case-Laws Companies Law Tue, 22 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402525