https://www.taxtmi.com/caselaws?id=424859 An accused who cooperated with the investigating agency, regularly appeared before the trial court, and was never sought in custody during investigation was found entitled to bail despite allegations of company-related financial mismanagement. The Court noted that he was only said to have signed the financial statements as Company Secretary, with no active role clearly shown in the alleged fraud, and that similarly placed principal accused had already obtained interim bail. As custody was not shown to be necessary for investigation or prosecution and the allegations related to past transactions, bail was granted subject to furnishing bail and surety bonds to the trial court's satisfaction. en-us Wed, 29 Jun 2022 00:00:00 +0530 Mon, 11 Jul 2022 09:03:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424859 An accused who cooperated with the investigating agency, regularly appeared before the trial court, and was never sought in custody during investigation was found entitled to bail despite allegations of company-related financial mismanagement. The Court noted that he was only said to have signed the financial statements as Company Secretary, with no active role clearly shown in the alleged fraud, and that similarly placed principal accused had already obtained interim bail. As custody was not shown to be necessary for investigation or prosecution and the allegations related to past transactions, bail was granted subject to furnishing bail and surety bonds to the trial court's satisfaction. Case-Laws Indian Laws Wed, 29 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424859