Court Grants Bail in Fake Firms ITC Fraud Case; Rs. 3 Crore Deposit Required u/s 439 CrPC.

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....Seeking grant of bail - creation of fake firms - availing and passing of fake/ ineligible Input Tax Credit (ITC) - without expressing any opinion on the merits of the case, it is deemed just and proper to grant bail to the accused petitioner under Section 439 Cr.P.C with a condition to deposit Rs. 3 crores by the petitioner before the respondent Department under protest. - HC....