https://www.taxtmi.com/caselaws?id=450630 Prolonged pre-trial custody in a serious fraud prosecution under the Companies Act and IPC did not justify continued detention where the trial had stalled, the case was largely documentary, investigation was complete, and further custody was unnecessary for recovery or inquiry. The applicant's significant cardiac illness and co-morbidities reinforced that Article 21 liberty and speedy-trial protections remained available despite the statutory bail restriction under Section 212(6) of the Companies Act, which was not treated as an absolute bar when detention had become disproportionate. Bail was granted. en-us Thu, 07 Mar 2024 00:00:00 +0530 Fri, 08 Mar 2024 09:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450630 Prolonged pre-trial custody in a serious fraud prosecution under the Companies Act and IPC did not justify continued detention where the trial had stalled, the case was largely documentary, investigation was complete, and further custody was unnecessary for recovery or inquiry. The applicant's significant cardiac illness and co-morbidities reinforced that Article 21 liberty and speedy-trial protections remained available despite the statutory bail restriction under Section 212(6) of the Companies Act, which was not treated as an absolute bar when detention had become disproportionate. Bail was granted. Case-Laws Companies Law Thu, 07 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450630