https://www.taxtmi.com/caselaws?id=292795 Protection from arrest under the Presidency Towns Insolvency Act was treated as a discretionary privilege, not an automatic consequence of refusal of discharge. The court may consider the character and circumstances of the insolvency when deciding whether to grant protection. Where the insolvency involves grave culpability, dishonest conduct, reckless extravagance, dissipation of creditors' funds, and other malpractices, protection may be refused. Possible benefit to creditors from the insolvent's liberty, or uncertainty about penal proceedings, does not compel protection where judicial disapproval of the conduct is warranted. en-us Tue, 10 Aug 1915 00:00:00 +0530 Fri, 08 Jan 2021 10:54:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292795 Protection from arrest under the Presidency Towns Insolvency Act was treated as a discretionary privilege, not an automatic consequence of refusal of discharge. The court may consider the character and circumstances of the insolvency when deciding whether to grant protection. Where the insolvency involves grave culpability, dishonest conduct, reckless extravagance, dissipation of creditors' funds, and other malpractices, protection may be refused. Possible benefit to creditors from the insolvent's liberty, or uncertainty about penal proceedings, does not compel protection where judicial disapproval of the conduct is warranted. Case-Laws Indian Laws Tue, 10 Aug 1915 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292795