https://www.taxtmi.com/caselaws?id=297805 Regular bail in an alleged fraudulent input tax credit prosecution was declined because the statutory ground under Section 437(6) CrPC was not made out on the facts, as the trial had not commenced and the prosecution was not shown to be causing delay. The court treated the allegations of use of fake firms, the seriousness of the economic offence, the large alleged loss to the exchequer, and the risk of absconding as factors against release. Bail was therefore rejected. en-us Fri, 10 Jan 2020 00:00:00 +0530 Sat, 15 Mar 2025 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297805 Regular bail in an alleged fraudulent input tax credit prosecution was declined because the statutory ground under Section 437(6) CrPC was not made out on the facts, as the trial had not commenced and the prosecution was not shown to be causing delay. The court treated the allegations of use of fake firms, the seriousness of the economic offence, the large alleged loss to the exchequer, and the risk of absconding as factors against release. Bail was therefore rejected. Case-Laws GST Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297805