https://www.taxtmi.com/caselaws?id=424033 Bail in alleged economic offences was considered on the basis that custody is not punitive and seriousness of the charge alone cannot justify continued detention. The Court treated the documentary nature of the investigation, filing of the charge sheets, the applicants' lack of flight risk, and the absence of a concrete basis for tampering with evidence or influencing witnesses as decisive factors. It also noted that notices had been issued during investigation and no convincing change in circumstances justified arrest at that stage. On those facts, the applicants were found entitled to bail and further incarceration pending trial was held unnecessary. en-us Mon, 13 Jun 2022 00:00:00 +0530 Tue, 21 Jun 2022 08:55:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424033 Bail in alleged economic offences was considered on the basis that custody is not punitive and seriousness of the charge alone cannot justify continued detention. The Court treated the documentary nature of the investigation, filing of the charge sheets, the applicants' lack of flight risk, and the absence of a concrete basis for tampering with evidence or influencing witnesses as decisive factors. It also noted that notices had been issued during investigation and no convincing change in circumstances justified arrest at that stage. On those facts, the applicants were found entitled to bail and further incarceration pending trial was held unnecessary. Case-Laws SEBI Mon, 13 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424033