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    <title>2024 (2) TMI 796 - PUNJAB AND HARYANA HIGH COURT</title>
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    <description>Anticipatory bail was refused where the allegations showed that the petitioner and a co-accused created a non-functional firm from rented premises with no real business activity and used it to issue fake bills and generate fictitious transactions for GST evasion. The Court treated the alleged scheme as serious economic wrongdoing causing substantial loss to the public exchequer and held that custodial interrogation was necessary to uncover the modus operandi. On that basis, pre-arrest protection was found unjustified and the bail application was rejected.</description>
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      <description>Anticipatory bail was refused where the allegations showed that the petitioner and a co-accused created a non-functional firm from rented premises with no real business activity and used it to issue fake bills and generate fictitious transactions for GST evasion. The Court treated the alleged scheme as serious economic wrongdoing causing substantial loss to the public exchequer and held that custodial interrogation was necessary to uncover the modus operandi. On that basis, pre-arrest protection was found unjustified and the bail application was rejected.</description>
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