https://www.taxtmi.com/highlights?id=74453 Grant of default bail under Section 167(2) Cr.P.C. - The Supreme Court allowed the appeal, setting aside the High Court's and Special Court's orders granting default bail to the accused in a case involving Dewan Housing Finance Corporation Ltd. (DHFL). The Court ruled that the respondents were not entitled to statutory default bail under Section 167(2) Cr.P.C., as the chargesheet was filed within the prescribed time and cognizance of the offense was taken by the Special Court. - SC en-us Tue, 30 Jan 2024 08:50:18 +0530 Tue, 30 Jan 2024 08:50:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74453 Grant of default bail under Section 167(2) Cr.P.C. - The Supreme Court allowed the appeal, setting aside the High Court's and Special Court's orders granting default bail to the accused in a case involving Dewan Housing Finance Corporation Ltd. (DHFL). The Court ruled that the respondents were not entitled to statutory default bail under Section 167(2) Cr.P.C., as the chargesheet was filed within the prescribed time and cognizance of the offense was taken by the Special Court. - SC Highlights Indian Laws Tue, 30 Jan 2024 08:50:18 +0530 https://www.taxtmi.com/highlights?id=74453