https://www.taxtmi.com/caselaws?id=438499 In bail matters under the Companies Act's twin-condition regime, the court must make only a prima facie assessment of the prosecution material and verify whether specific evidence links the accused to the alleged offence and whether custody is necessary. Applying that standard, the court found the documentary record, the applicant's cooperation, and the absence of material showing personal gain, tampering, or flight risk sufficient to satisfy the bail conditions. It held that the allegations did not prima facie justify continued incarceration and granted regular bail on conditions, without expressing any view on the merits of the prosecution case. en-us Thu, 01 Jun 2023 00:00:00 +0530 Fri, 02 Jun 2023 08:32:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438499 In bail matters under the Companies Act's twin-condition regime, the court must make only a prima facie assessment of the prosecution material and verify whether specific evidence links the accused to the alleged offence and whether custody is necessary. Applying that standard, the court found the documentary record, the applicant's cooperation, and the absence of material showing personal gain, tampering, or flight risk sufficient to satisfy the bail conditions. It held that the allegations did not prima facie justify continued incarceration and granted regular bail on conditions, without expressing any view on the merits of the prosecution case. Case-Laws Companies Law Thu, 01 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438499