https://www.taxtmi.com/caselaws?id=408899 Allegations that a company director signed and filed financial statements containing material falsehoods and omissions brought the conduct within Section 448, punishable under Section 447 of the Companies Act, 2013. The Court held that the restrictive conditions in Section 212(6) apply even when anticipatory bail is sought, in addition to the general bail principles under the Code of Criminal Procedure, 1973. On the facts, there were no reasonable grounds to believe the accused was not guilty, and the alleged conduct was treated as a serious economic offence, so pre-arrest bail was refused. en-us Fri, 30 Apr 2021 00:00:00 +0530 Thu, 24 Jun 2021 08:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408899 Allegations that a company director signed and filed financial statements containing material falsehoods and omissions brought the conduct within Section 448, punishable under Section 447 of the Companies Act, 2013. The Court held that the restrictive conditions in Section 212(6) apply even when anticipatory bail is sought, in addition to the general bail principles under the Code of Criminal Procedure, 1973. On the facts, there were no reasonable grounds to believe the accused was not guilty, and the alleged conduct was treated as a serious economic offence, so pre-arrest bail was refused. Case-Laws Companies Law Fri, 30 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408899