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    <title>2026 (1) TMI 168 - PUNJAB AND HARYANA HIGH COURT</title>
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    <description>Successive bail in a serious economic offence under the Companies Act, 2013 remains controlled by the statutory twin conditions in Section 212(6), requiring reasonable grounds to believe the accused is not guilty and will not reoffend on bail. The Court recognised that prolonged incarceration and inordinate trial delay can weaken those restrictions and keep the constitutional right to speedy trial in view, but held that elapsed time alone does not justify release. A successive bail application must show a substantial change in circumstances, and the earlier refusal of bail, left undisturbed by the Supreme Court, weighed heavily against the petitioner. On that basis, bail was declined.</description>
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    <pubDate>Mon, 22 Dec 2025 00:00:00 +0530</pubDate>
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      <title>2026 (1) TMI 168 - PUNJAB AND HARYANA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=784412</link>
      <description>Successive bail in a serious economic offence under the Companies Act, 2013 remains controlled by the statutory twin conditions in Section 212(6), requiring reasonable grounds to believe the accused is not guilty and will not reoffend on bail. The Court recognised that prolonged incarceration and inordinate trial delay can weaken those restrictions and keep the constitutional right to speedy trial in view, but held that elapsed time alone does not justify release. A successive bail application must show a substantial change in circumstances, and the earlier refusal of bail, left undisturbed by the Supreme Court, weighed heavily against the petitioner. On that basis, bail was declined.</description>
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      <pubDate>Mon, 22 Dec 2025 00:00:00 +0530</pubDate>
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