SC Set Aside ₹50 Lakh Bail Condition as Excessive Despite Prior HC Approval in FAKE invoice Case

Sahil Jain Vs Superintendent (Anti Evasion) (Supreme Court of India) The case involves judicial scrutiny of a bail condition requiring the furnishing of a ₹50 lakh bank guarantee in a prosecution relating to alleged wrongful Input Tax Credit of ₹64 crores. The matter was first considered by the Punjab and Haryana High Court and subsequently examined by the Supreme Court of India. The appellant had initially been granted bail under Section 167(2) Cr.P.C. by order dated 11.01.2021. The bail order imposed several conditions, including furnishing a personal bond of ₹1 crore with two sureties...