https://www.taxtmi.com/news?id=45146 Anticipatory bail application concerning alleged cheating, criminal breach of trust, forgery and falsification of accounts linked to inflated company valuation and diversion of shareholder funds to bogus or non-existent firms. The court recorded prima facie material from account-book analysis and the investigating officer's report corroborating the allegations. With the probe at a nascent stage and numerous suspicious transactions and vendors to verify, the court stated custodial interrogation was necessary to identify additional persons, trace the money trail and guard against witness influence or evidence tampering; a co-accused's similar relief had already been refused. en-us Thu, 29 May 2025 21:01:04 +0530 Thu, 29 May 2025 21:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45146 Anticipatory bail application concerning alleged cheating, criminal breach of trust, forgery and falsification of accounts linked to inflated company valuation and diversion of shareholder funds to bogus or non-existent firms. The court recorded prima facie material from account-book analysis and the investigating officer's report corroborating the allegations. With the probe at a nascent stage and numerous suspicious transactions and vendors to verify, the court stated custodial interrogation was necessary to identify additional persons, trace the money trail and guard against witness influence or evidence tampering; a co-accused's similar relief had already been refused. News - Thu, 29 May 2025 21:01:04 +0530 https://www.taxtmi.com/news?id=45146