https://www.taxtmi.com/caselaws?id=760752 Delhi HC granted regular bail to two applicants charged under Companies Act Section 447 and IPC Sections 409, 467, 468, 471, 120B for creating fraudulent documents to avail LC facility and manipulating accounts. Court noted investigation began in 2019 involving 156 accused, 82 witnesses, and 2.5 lakh pages of documents. Trial yet to commence with supplementary chargesheet filed in July 2024. HC held that prolonged custody without trial violates Article 21 rights, emphasizing constitutional courts' duty to protect liberty. Applicants were in custody for over 9 months since January 2024 arrest, with main accused already granted bail and no evidence of flight risk or tampering. Bail granted with personal bond of Rs. 1,00,000 each with surety. en-us Thu, 24 Oct 2024 00:00:00 +0530 Sat, 26 Oct 2024 08:15:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760752 Delhi HC granted regular bail to two applicants charged under Companies Act Section 447 and IPC Sections 409, 467, 468, 471, 120B for creating fraudulent documents to avail LC facility and manipulating accounts. Court noted investigation began in 2019 involving 156 accused, 82 witnesses, and 2.5 lakh pages of documents. Trial yet to commence with supplementary chargesheet filed in July 2024. HC held that prolonged custody without trial violates Article 21 rights, emphasizing constitutional courts' duty to protect liberty. Applicants were in custody for over 9 months since January 2024 arrest, with main accused already granted bail and no evidence of flight risk or tampering. Bail granted with personal bond of Rs. 1,00,000 each with surety. Case-Laws Money Laundering Thu, 24 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760752