https://www.taxtmi.com/caselaws?id=414882 Bail under Section 437 CrPC was held to depend on whether release would secure attendance and avoid interference with the process, not on punishment for the alleged offence. The Court noted that the alleged seizure and enquiry had substantially progressed, the property was already in departmental custody, and the objection based on non-cooperation was not supported by the record because the accused had replied to summons and intended to appear. It concluded that economic offences do not create an absolute bar to bail where investigation is not shown to be pending or likely to be hampered, and the bail application was allowed. en-us Sat, 30 Oct 2021 00:00:00 +0530 Tue, 22 Mar 2022 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414882 Bail under Section 437 CrPC was held to depend on whether release would secure attendance and avoid interference with the process, not on punishment for the alleged offence. The Court noted that the alleged seizure and enquiry had substantially progressed, the property was already in departmental custody, and the objection based on non-cooperation was not supported by the record because the accused had replied to summons and intended to appear. It concluded that economic offences do not create an absolute bar to bail where investigation is not shown to be pending or likely to be hampered, and the bail application was allowed. Case-Laws Customs Sat, 30 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414882