https://www.taxtmi.com/caselaws?id=429926 Once a complaint is filed within the prescribed period, the right to default bail under Section 167(2) CrPC is treated as extinguished, and any defect in a later remand endorsement does not revive that statutory right. The note further states that post-filing custody is custody under the court, so a grievance about an allegedly non-speaking remand order must be pursued through other remedies rather than default bail. On merits, the article explains that allegations of large-scale diversion and misappropriation in a Companies Act prosecution attract the stricter approach applied to economic offences, and bail remains controlled by the twin conditions in Section 212(6), including the need for reasonable grounds to deny release. en-us Thu, 03 Nov 2022 00:00:00 +0530 Tue, 08 Nov 2022 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429926 Once a complaint is filed within the prescribed period, the right to default bail under Section 167(2) CrPC is treated as extinguished, and any defect in a later remand endorsement does not revive that statutory right. The note further states that post-filing custody is custody under the court, so a grievance about an allegedly non-speaking remand order must be pursued through other remedies rather than default bail. On merits, the article explains that allegations of large-scale diversion and misappropriation in a Companies Act prosecution attract the stricter approach applied to economic offences, and bail remains controlled by the twin conditions in Section 212(6), including the need for reasonable grounds to deny release. Case-Laws Companies Law Thu, 03 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429926