Court Grants Bail to Accused in Input Tax Credit Fraud Case; Long Trial Expected with 66 Witnesses Pending Examination.

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....Seeking grant of Regular Bail - availment of fraudulent Input tax Credit - non-existence firms - as on date they have undergone a total custody period of approximately 01 year and 06 months. The maximum sentence that could be awarded would be 05 years. As yet, even the charges have not been framed and as many as 66 prosecution witnesses are yet to be examined. Therefore, at any rate, the trial cannot be concluded any time soon. - Bail granted - HC....