This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
HC allows bail to accused director since trial not possible due to lockdown
Case Law Details
- Case Name
- Aditya Kumar Bhandari Vs Serious Fraud Investigation Officer (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Aditya Kumar Bhandari Vs SFIO (Delhi High Court)
Conclusion: Bail was allowable to accused director of fraud on the reason that he was not the signatory to the alleged False Statement in the balance sheet of the Company and there was no loss caused either to any financial institution or Central/State Government and moreover, the trial proceedings is not possible within the reasonable time because of lockdown due to COVID-19 outbreak in India.
Held: Assessee was designated on paper as a Director of RHL and some other group companies. But since this was primarily an honorary pos...
