https://www.taxtmi.com/highlights?id=61703 Validity of bail granted - siphoning of funds - While releasing Respondent no.2 on bail, the High Court has not at all considered the relevant factors including the nature and gravity of accusation; the modus operandi and the manner in which the offences have been committed through shell companies and creating the false/forged documents and/or misusing the PAN Cards, Aadhar Cards and KYCs of the employees and showing them as Directors of the fake and shell companies - the High Court has not at all considered and taken into consideration the status report and the evidence collected during the course of the investigation. - SC en-us Mon, 31 Jan 2022 09:15:53 +0530 Mon, 31 Jan 2022 09:15:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61703 Validity of bail granted - siphoning of funds - While releasing Respondent no.2 on bail, the High Court has not at all considered the relevant factors including the nature and gravity of accusation; the modus operandi and the manner in which the offences have been committed through shell companies and creating the false/forged documents and/or misusing the PAN Cards, Aadhar Cards and KYCs of the employees and showing them as Directors of the fake and shell companies - the High Court has not at all considered and taken into consideration the status report and the evidence collected during the course of the investigation. - SC Highlights Indian Laws Mon, 31 Jan 2022 09:15:53 +0530 https://www.taxtmi.com/highlights?id=61703