https://www.taxtmi.com/caselaws?id=307772 The court granted the petitioner regular bail in a case involving financial irregularities and conspiracy leading to a significant loss to a company. Despite allegations of the petitioner's involvement in approving loans to entities linked to promoters and diverting funds, the court considered the lack of direct evidence connecting the petitioner to the misappropriation of funds. Bail was granted with conditions including restrictions on leaving Delhi without permission, contacting related company employees, and ensuring availability for legal proceedings, emphasizing that the decision did not prejudge the trial's merits. en-us Wed, 05 May 2021 00:00:00 +0530 Fri, 05 May 2023 21:29:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307772 The court granted the petitioner regular bail in a case involving financial irregularities and conspiracy leading to a significant loss to a company. Despite allegations of the petitioner's involvement in approving loans to entities linked to promoters and diverting funds, the court considered the lack of direct evidence connecting the petitioner to the misappropriation of funds. Bail was granted with conditions including restrictions on leaving Delhi without permission, contacting related company employees, and ensuring availability for legal proceedings, emphasizing that the decision did not prejudge the trial's merits. Case-Laws Indian Laws Wed, 05 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307772