HC Grants Bail to CA in alleged Case of Issue of Bogus Certificates

Ravi Kumar Vs State of Telangana (Telangana High Court) Admittedly, petitioner was arrested on 27.11.2021 and custody of petitioner was also sought for five days and the only allegation against the petitioner is that being a Chartered Accountant, without verifying the Bills of Entry and economic rationale of such large payments from paper entities had issued the certificates. Admittedly, as of now the other accused are not arrested and the contention of learned Special Public Prosecutor that till such time, petitioner shall not be released from jail is not justifiable, because of the fact that...