https://www.taxtmi.com/caselaws?id=457293 In serious economic offences, bail can be refused where the record shows a prima facie fraudulent scheme, including manipulation of bank records, diversion of funds, and routing money through multiple accounts. The Court applied settled bail factors under Section 439 CrPC, focusing on the gravity of the allegations, severity of punishment, criminal antecedents, risk of abscondence, likelihood of witness interference, and the possibility of repeating the offence. On the facts, the allegation was treated as more than a civil loan dispute, and the continuing investigation and lookout circular reinforced apprehension of flight and interference. Bail was rejected. en-us Fri, 17 Feb 2023 00:00:00 +0530 Sun, 15 Sep 2024 01:19:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457293 In serious economic offences, bail can be refused where the record shows a prima facie fraudulent scheme, including manipulation of bank records, diversion of funds, and routing money through multiple accounts. The Court applied settled bail factors under Section 439 CrPC, focusing on the gravity of the allegations, severity of punishment, criminal antecedents, risk of abscondence, likelihood of witness interference, and the possibility of repeating the offence. On the facts, the allegation was treated as more than a civil loan dispute, and the continuing investigation and lookout circular reinforced apprehension of flight and interference. Bail was rejected. Case-Laws Indian Laws Fri, 17 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457293