https://www.taxtmi.com/caselaws?id=292884 Bail was refused in a serious economic offence involving alleged large-scale cheating, forgery, criminal conspiracy and diversion of investor funds. The Court applied settled bail principles, giving weight to the gravity of the allegations, the continuing investigation into the money trail, the accused's position, and the risk of fleeing or obstructing justice. Credible material indicated forged sale documents, sham transactions, diversion through intermediary entities, and a real apprehension of tampering with evidence and hindering further investigation. On those facts, the petitioners were held not entitled to release on bail. en-us Mon, 06 Mar 2017 00:00:00 +0530 Wed, 13 Nov 2024 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292884 Bail was refused in a serious economic offence involving alleged large-scale cheating, forgery, criminal conspiracy and diversion of investor funds. The Court applied settled bail principles, giving weight to the gravity of the allegations, the continuing investigation into the money trail, the accused's position, and the risk of fleeing or obstructing justice. Credible material indicated forged sale documents, sham transactions, diversion through intermediary entities, and a real apprehension of tampering with evidence and hindering further investigation. On those facts, the petitioners were held not entitled to release on bail. Case-Laws Indian Laws Mon, 06 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292884