Seriousness of Offence alone cannot be the basis for Granting Bail: Allahabad HC releases GST Accused from Custody after 5 Months

Paras Jain Vs Union of India (Allahabad High Court) Bail granted to an Applicant involved in fraudulent ITC The Hon’ble High Court Allahabad in the matter of Paras Jain v Union of India [Criminal Misc. Bail Application No. – 21848 of 2022 dated July 29, 2022] granted bail to an Applicant involved in a trial relating to Input Tax Credit (“ITC”) fraud and held that seriousness of the offences alone is not conclusive of the Applicant’s entitlement to bail. Facts: A bail application has been filed by M/s Paras Jain (“the Applicant”) with a prayer to release him against the co...