https://www.taxtmi.com/caselaws?id=295158 After filing of the charge sheet, continued detention required concrete material and could not rest on bare apprehension. The Court applied an individualized assessment of each accused's attributed role: Rahul Kothari was not shown to have the Managing Director's representative role, and further custody was treated as unnecessary once investigation had substantially ended, so bail was granted. Vikram Kothari was alleged to be the Managing Director and principal actor in the credit transactions, and the Court treated the allegations, bank exposure, and public-money recovery concerns as sufficient to justify continued custody at that stage, so bail was refused. en-us Fri, 30 Nov 2018 00:00:00 +0530 Fri, 21 May 2021 08:28:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295158 After filing of the charge sheet, continued detention required concrete material and could not rest on bare apprehension. The Court applied an individualized assessment of each accused's attributed role: Rahul Kothari was not shown to have the Managing Director's representative role, and further custody was treated as unnecessary once investigation had substantially ended, so bail was granted. Vikram Kothari was alleged to be the Managing Director and principal actor in the credit transactions, and the Court treated the allegations, bank exposure, and public-money recovery concerns as sufficient to justify continued custody at that stage, so bail was refused. Case-Laws Companies Law Fri, 30 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295158