GST: Every economic offence cannot be treated in same manner for Bail

Avesh Afroz Lokhandwala Vs State of Gujarat (Gujarat High Court)

(i) In the matter of bail, there is no straitjacket formula for consideration of bail to an accused as it all depends upon the facts and circumstances of each case. In the facts of present case, the offence under the Act are compoundable and maximum punishment is upto 5 years. The applicants are in custody since December, 2021 and investigation part is concerned, it is virtually over. It is an admitted fact that, still adjudication proceedings is not commenced and no notice as provided und

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