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    <title>2023 (5) TMI 1309 - DELHI HIGH COURT</title>
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    <description>Bail was declined in a prosecution alleging conspiracy in the framing and implementation of an excise policy, as the Court treated the matter as a serious economic offence requiring a cautious approach. On the material available, including statements of excise officials and other prima facie evidence, the Court found sufficient basis to consider the petitioner&#039;s involvement, and held that the gravity of the allegations, the risk of tampering with evidence, and the likelihood of influencing witnesses weighed against release. The petitioner&#039;s influential public position and the nature of the witnesses made the apprehension of interference relevant, and parity was found unavailable on the facts.</description>
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      <link>https://www.taxtmi.com/caselaws?id=313065</link>
      <description>Bail was declined in a prosecution alleging conspiracy in the framing and implementation of an excise policy, as the Court treated the matter as a serious economic offence requiring a cautious approach. On the material available, including statements of excise officials and other prima facie evidence, the Court found sufficient basis to consider the petitioner&#039;s involvement, and held that the gravity of the allegations, the risk of tampering with evidence, and the likelihood of influencing witnesses weighed against release. The petitioner&#039;s influential public position and the nature of the witnesses made the apprehension of interference relevant, and parity was found unavailable on the facts.</description>
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