https://www.taxtmi.com/caselaws?id=305678 Bail in a Companies Act, 2013 prosecution was granted where the accused had remained in custody for more than two years, service of summons on foreign accused had not been effectively completed, and trial was not likely to begin soon. The Court treated the statutory bail restriction as needing to be assessed in the facts of the case and alongside the constitutional right to an expeditious trial under Article 21, while recognising the bail power under Section 439 CrPC. Bail was accordingly allowed, subject to terms and conditions to be fixed by the Sessions Judge. en-us Mon, 25 Jul 2022 00:00:00 +0530 Mon, 19 Dec 2022 19:50:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305678 Bail in a Companies Act, 2013 prosecution was granted where the accused had remained in custody for more than two years, service of summons on foreign accused had not been effectively completed, and trial was not likely to begin soon. The Court treated the statutory bail restriction as needing to be assessed in the facts of the case and alongside the constitutional right to an expeditious trial under Article 21, while recognising the bail power under Section 439 CrPC. Bail was accordingly allowed, subject to terms and conditions to be fixed by the Sessions Judge. Case-Laws Companies Law Mon, 25 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305678