Home Case Index All Cases Money Laundering Money Laundering + HC Money Laundering - 2021 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (3) TMI 1027 - HC - Money LaunderingSeeking grant of Bail - corruption and abuse of high public office - HELD THAT:- The Hon'ble Supreme Court of India in the decision reported in [2019 (9) TMI 286 - SUPREME COURT], has considered the scope of bail in economic offences involving corruption and abuse of high public office and in paragraph nos.18 to 23 has observed that ''basic jurisprudence relating to bail is that bail is the rule and refusal is the exception, etc., Though gravity of offence is an important factor and economic offences as in present case are considered grave, consideration for grant of bail would depend upon facts of each case and taking into consideration all the facts and circumstances, has enlarged P.Chidambaram, on bail, subject to certain conditions'. Granting of bail is a discretional relief and it is a well settled position of law that bail is the rule and jail is the exception. Though the respective learned counsels appearing for the parties has placed reliance upon the above said judgments, in the considered opinion of this Court, there cannot be any precedent in the matter of granting bail and the consideration to grant or refuse to grant bail, have to be decided on case to case basis and depends upon the facts and circumstances of each case. The petitioner shall execute a bond for a sum of ₹ 1,00,000/- with two sureties each for a like sum to the satisfaction of the Court of Principal City Civil and Sessions Judge, City Civil Court, Chennai - Bail is granted subject to conditions imposed - application allowed.
|