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2021 (12) TMI 947 - PATIALA HOUSE COURTSSeeking grant of Regular bail - availment and utilization of fake input tax credit - non filing of challan / complaint against the applicant - applicability of Chapter XII Cr.P.C. - HELD THAT:- Taking note of the fact that the allegations against the applicant/accused are serious in nature ; applicant is involved into the heinous economic offence of utilizing the fake ITC causing loss to the government exchequer ; additionally investigation is at crucial stage ; number of persons involved into the present case including the brother of the present applicant are absconding and evading the process of law, therefore, bail cannot be granted at this juncture to the applicant/accused. Application dismissed.
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