https://www.taxtmi.com/caselaws?id=414017 Bail was granted in a serious economic offence after the Court found that investigation was complete, the charge-sheet had been filed, and the record did not show a substantial risk of tampering with evidence or influencing witnesses. The allegations concerned fraudulent transfer and pledging of mutual fund units, but the securities were no longer under the petitioner's control and the relevant material was largely documentary and already with the prosecution. The Court applied settled bail principles that liberty should not be denied merely because the accusation is serious when interference with the trial is not convincingly shown. Conditions were imposed to secure attendance and protect the fairness of trial. en-us Mon, 25 Oct 2021 00:00:00 +0530 Sat, 20 Nov 2021 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414017 Bail was granted in a serious economic offence after the Court found that investigation was complete, the charge-sheet had been filed, and the record did not show a substantial risk of tampering with evidence or influencing witnesses. The allegations concerned fraudulent transfer and pledging of mutual fund units, but the securities were no longer under the petitioner's control and the relevant material was largely documentary and already with the prosecution. The Court applied settled bail principles that liberty should not be denied merely because the accusation is serious when interference with the trial is not convincingly shown. Conditions were imposed to secure attendance and protect the fairness of trial. Case-Laws Indian Laws Mon, 25 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414017