Saturday, January 2, 2021

Bail denied to petitioner charge sheeted for offence involving siphoning of public money to tune of Rs. 2000 cr

COMPANY LAW : Petitioner chargesheeted of an economic offence involving siphoning of investor money to tune of Rs. 2000 crores, could not be granted bail in view of fact that releasing petitioner on bail would hamper tracing of money trail and additionally, accused person being influential was capable of tampering with evidence and influencing witnesses who were his subordinates

from www.taxmann.com Latest Case Laws https://ift.tt/386rlL7

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