Court Denies Bail for Accused in Economic Offence Case Involving Fake Firms and Credit Fraud.

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....Seeking grant of Bail - raid and search operation were conducted - fake firms - wrongful availment of credit - Suffice to say prima facie, the accused has committed an economic offence and caused monetary loss to the State which is most harmful. There is a possibility to be tampered with the evidence and tempered with the witnesses if the applicant is released on bail - it is not a fit case for bail. - DSC....