https://www.taxtmi.com/caselaws?id=437444 Anticipatory bail under the Code of Criminal Procedure remains a discretionary protection linked to personal liberty under Article 21, and in economic-offence cases it depends on the facts of each case. On the material considered, the transactions described as deposits were treated as loans from another entity, so the deposit-taking provisions were not prima facie attracted against the petitioner. The investigation was complete, no further recovery was required, the petitioner had cooperated, and there was no shown risk of flight or witness interference. In those circumstances, custody was found unnecessary and pre-arrest bail was granted. en-us Thu, 20 Apr 2023 00:00:00 +0530 Fri, 05 May 2023 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437444 Anticipatory bail under the Code of Criminal Procedure remains a discretionary protection linked to personal liberty under Article 21, and in economic-offence cases it depends on the facts of each case. On the material considered, the transactions described as deposits were treated as loans from another entity, so the deposit-taking provisions were not prima facie attracted against the petitioner. The investigation was complete, no further recovery was required, the petitioner had cooperated, and there was no shown risk of flight or witness interference. In those circumstances, custody was found unnecessary and pre-arrest bail was granted. Case-Laws Companies Law Thu, 20 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437444