https://www.taxtmi.com/caselaws?id=457291 In an economic offence involving alleged diversion of company funds, forgery, cheating and conspiracy, the HC applied the settled bail principles that the nature of the accusation, gravity of the offence, punishment severity, risk of absconding, and likelihood of witness tampering must be weighed, with a stricter approach justified because such offences can affect the financial health of society. On the facts, the Court found a prima facie case linking the accused to account control and transfers to her own and related accounts, together with a real apprehension of interference with witnesses, and therefore rejected bail. en-us Thu, 18 Aug 2016 00:00:00 +0530 Sun, 15 Sep 2024 01:19:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457291 In an economic offence involving alleged diversion of company funds, forgery, cheating and conspiracy, the HC applied the settled bail principles that the nature of the accusation, gravity of the offence, punishment severity, risk of absconding, and likelihood of witness tampering must be weighed, with a stricter approach justified because such offences can affect the financial health of society. On the facts, the Court found a prima facie case linking the accused to account control and transfers to her own and related accounts, together with a real apprehension of interference with witnesses, and therefore rejected bail. Case-Laws Indian Laws Thu, 18 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457291