https://www.taxtmi.com/caselaws?id=297968 Bail under Section 439 CrPC was declined where bank officials were alleged to have acted in conspiracy to sanction and divert cash-credit funds, create forged documents, and ignore pre-sanction verification. The Court relied on substantial material collected during investigation linking the applicants to misuse of public money and the alleged conspiracy, and also noted that similar matters involving bank officials were pending. On those facts, release on bail was found unjustified at that stage, and the applications were rejected. en-us Thu, 19 Mar 2020 00:00:00 +0530 Sat, 02 Oct 2021 10:00:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297968 Bail under Section 439 CrPC was declined where bank officials were alleged to have acted in conspiracy to sanction and divert cash-credit funds, create forged documents, and ignore pre-sanction verification. The Court relied on substantial material collected during investigation linking the applicants to misuse of public money and the alleged conspiracy, and also noted that similar matters involving bank officials were pending. On those facts, release on bail was found unjustified at that stage, and the applications were rejected. Case-Laws Indian Laws Thu, 19 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297968