Gujarat HC denies bail to company directors for allegedly availing ITC on basis of fake bills

Nileshbhai Natubhai Patel Vs The State of Gujarat (Gujarat High Court)

Conclusion: Applicant was not entitled to be released on anticipatory bail for allegedly involved in wrongfully availing ITC on the basis of fake bills of RS. 737 crores as if assessee was enlarged on anticipatory bail then, there were all chances that assessee would tamper with the evidence and witnesses and at the time of trial, assessee would not be available.

Held:

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