https://www.taxtmi.com/caselaws?id=761720 Bombay HC quashed LOC issued against petitioner who was not arraigned as accused in any case by EOW, SEBI, or SFIO. Petitioner, son of deceased accused, had overseas business requiring regular travel and provided undertaking to appear before trial court when summoned. Court found petitioner had roots in society, was supporting dependent family members, and had complied with previous orders. SFIO's apprehension regarding petitioner's availability was deemed invalid given his undertaking and social ties. Petition allowed with condition that petitioner abide by his undertaking dated 12th July 2024. en-us Tue, 16 Jul 2024 00:00:00 +0530 Sat, 16 Nov 2024 08:38:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761720 Bombay HC quashed LOC issued against petitioner who was not arraigned as accused in any case by EOW, SEBI, or SFIO. Petitioner, son of deceased accused, had overseas business requiring regular travel and provided undertaking to appear before trial court when summoned. Court found petitioner had roots in society, was supporting dependent family members, and had complied with previous orders. SFIO's apprehension regarding petitioner's availability was deemed invalid given his undertaking and social ties. Petition allowed with condition that petitioner abide by his undertaking dated 12th July 2024. Case-Laws Indian Laws Tue, 16 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761720