Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + HC VAT and Sales Tax - 2016 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (9) TMI 871 - HC - VAT and Sales TaxBail application under Section 439 of the Code of Criminal Procedure - regular bail - offences punishable under Sections 406, 409, 420, 469, 468, 471, 474, 120-B of the IPC and Section 85(1)(b)(c)(f)(g), 85(2)(g), 85(4) and 85(6) of the Gujarat Value Added Tax Act - voluntary will to deposit an amount of ₹ 1 Crore within period of six and half months from the date of release. Held that: - since the applicant is ready and willing to deposit an amount of ₹ 1 Crore within period of six and half months from the date of his release, before the concerned trial court without prejudice to his rights and contentions, in the facts and circumstances of the case and considering the nature and gravity of accusation made against the applicant in the First Information Report and other investigation papers, discretion exercised in favor of the applicant for grant of bail as there is no possibility of tampering with the evidence as the investigation is over and charge-sheet is filed - the present application is allowed and the applicant is ordered to be released on regular bail on his executing a personal bond of ₹ 10,000/- - decided in favor of applicant.
|