https://www.taxtmi.com/caselaws?id=408581 Grant of bail may be interfered with where the court below ignores relevant materials, relies on irrelevant considerations, or otherwise acts perversely or without proper application of mind. In a serious economic offence, the gravity of the allegations, the prima facie role of the accused, and the impact on the administration of justice must be assessed alongside custody and investigation status. Here, the bail order was found to have placed undue weight on custody duration and completion of investigation while failing to consider the alleged diversion of large sums through corporate loan structures and the material implicating the accused. The bail order was set aside and bail stood cancelled. en-us Mon, 14 Jun 2021 00:00:00 +0530 Tue, 15 Jun 2021 07:51:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408581 Grant of bail may be interfered with where the court below ignores relevant materials, relies on irrelevant considerations, or otherwise acts perversely or without proper application of mind. In a serious economic offence, the gravity of the allegations, the prima facie role of the accused, and the impact on the administration of justice must be assessed alongside custody and investigation status. Here, the bail order was found to have placed undue weight on custody duration and completion of investigation while failing to consider the alleged diversion of large sums through corporate loan structures and the material implicating the accused. The bail order was set aside and bail stood cancelled. Case-Laws Indian Laws Mon, 14 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408581