https://www.taxtmi.com/caselaws?id=768726 Anticipatory bail in serious economic offences was held to be an exceptional remedy, and the accused's repeated evasion of warrants and initiation of proclamation proceedings under Section 82 weighed against grant of relief; the High Court orders were set aside on those facts. The Court also treated the twin conditions in Section 212(6) of the Companies Act, 2013 as mandatory for bail and anticipatory bail in prosecutions for fraud under Section 447, and found the impugned grants unsustainable for non-compliance with those statutory restraints. en-us Wed, 09 Apr 2025 00:00:00 +0530 Thu, 10 Apr 2025 15:40:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768726 Anticipatory bail in serious economic offences was held to be an exceptional remedy, and the accused's repeated evasion of warrants and initiation of proclamation proceedings under Section 82 weighed against grant of relief; the High Court orders were set aside on those facts. The Court also treated the twin conditions in Section 212(6) of the Companies Act, 2013 as mandatory for bail and anticipatory bail in prosecutions for fraud under Section 447, and found the impugned grants unsustainable for non-compliance with those statutory restraints. Case-Laws Companies Law Wed, 09 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768726