High Court Denies Anticipatory Bail for Applicant in Fake Firms Tax Credit Fraud Scheme Exceeding 100 Crore Loss.

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....Anticipatory bail - The applicant is involved in making use of fake Firms by getting the Firms registered from the Commissioner of Commercial Taxes to get the tax credit benefits and the activities of the applicant with other persons are stated to have caused loss to the public exchequer to the extent of more than 100 crores - No relief - HC....