https://www.taxtmi.com/caselaws?id=302768 Pre-arrest bail was granted in a project-related loan dispute involving allegations of economic offence, diversion of funds and breach of contractual obligations. The Court noted that the material was largely documentary, the relevant records were with the bank and project authority, and there was limited scope for tampering. It also considered the one-time settlement, substantial payment already made, the petitioners' business background, the absence of any shown risk of absconding, and the lack of necessity for custodial interrogation. Bail was allowed subject to conditions, including cooperation with the investigation and payment of the balance amount. en-us Tue, 01 Oct 2019 00:00:00 +0530 Fri, 17 Jun 2022 09:34:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302768 Pre-arrest bail was granted in a project-related loan dispute involving allegations of economic offence, diversion of funds and breach of contractual obligations. The Court noted that the material was largely documentary, the relevant records were with the bank and project authority, and there was limited scope for tampering. It also considered the one-time settlement, substantial payment already made, the petitioners' business background, the absence of any shown risk of absconding, and the lack of necessity for custodial interrogation. Bail was allowed subject to conditions, including cooperation with the investigation and payment of the balance amount. Case-Laws Indian Laws Tue, 01 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302768