Supreme Court Criticizes High Court for Inadequate Scrutiny in Bail Decision under Companies Act, Section 447 Fraud Case.

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....Grant of Bail - commission of fraud punishable u/s 447 of the Companies Act, 2013 - siphoning off of funds - The High Court has failed to apply its mind to all the circumstances that were required to be considered while granting bail, particularly in relation to economic offences - SC....