https://www.taxtmi.com/caselaws?id=312391 The applicant was granted bail in connected IPC bail applications because he was not named in the FIR and was not shown to be a director, signatory or shareholder of the main company said to have launched the Bike Boat Scheme. The Court also noted that his company had allotted commercial space to the complainant-side entities, possession had been taken, and the relevant property had been attached against the principal accused while his company accounts were not attached. On the assigned role and surrounding circumstances, and applying settled bail principles, bail was allowed without any opinion on the merits. en-us Thu, 04 Mar 2021 00:00:00 +0530 Thu, 15 Feb 2024 05:29:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312391 The applicant was granted bail in connected IPC bail applications because he was not named in the FIR and was not shown to be a director, signatory or shareholder of the main company said to have launched the Bike Boat Scheme. The Court also noted that his company had allotted commercial space to the complainant-side entities, possession had been taken, and the relevant property had been attached against the principal accused while his company accounts were not attached. On the assigned role and surrounding circumstances, and applying settled bail principles, bail was allowed without any opinion on the merits. Case-Laws Indian Laws Thu, 04 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312391