https://www.taxtmi.com/caselaws?id=305924 Anticipatory bail under Section 438 CrPC was declined in allegations of cheating, forgery, falsification of accounts and criminal conspiracy linked to demonetisation-related bank deposits. The investigation disclosed prima facie material that large volumes of demonetised currency were deposited on the basis of receipts and vouchers allegedly created for thousands of fictitious customers, supporting offences of forgery, use of forged documents, falsification of accounts, abetment and conspiracy. The Court held that the seriousness of the economic offence, the risk of tampering with evidence and influencing witnesses, and the need for custodial interrogation justified refusal of pre-arrest bail. The petitioners' status as company directors and reliance on demonetisation guidelines did not displace the prima facie criminality. en-us Mon, 30 Jan 2017 00:00:00 +0530 Fri, 30 Dec 2022 09:52:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305924 Anticipatory bail under Section 438 CrPC was declined in allegations of cheating, forgery, falsification of accounts and criminal conspiracy linked to demonetisation-related bank deposits. The investigation disclosed prima facie material that large volumes of demonetised currency were deposited on the basis of receipts and vouchers allegedly created for thousands of fictitious customers, supporting offences of forgery, use of forged documents, falsification of accounts, abetment and conspiracy. The Court held that the seriousness of the economic offence, the risk of tampering with evidence and influencing witnesses, and the need for custodial interrogation justified refusal of pre-arrest bail. The petitioners' status as company directors and reliance on demonetisation guidelines did not displace the prima facie criminality. Case-Laws Indian Laws Mon, 30 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305924