TMI Blog2021 (5) TMI 704X X X X Extracts X X X X X X X X Extracts X X X X ..... be dismissed; for the reasons, firstly, the petitioner failed to appear before the Department while notices were issued to him, secondly, even after filing of complaint before the learned Trial court, he remained absconded for about one year and thirdly, the petitioner is a chartered accountant, who is master mind of the crime and he has created 38 fake firms and availed ITC wrongfully to the tune ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... itioner has been falsely implicated in this matter and the petitioner is a chartered accountant by profession and he is not liable for the offences committed by co-accused persons. Counsel further submits that the maximum sentence for the offences alleged against the petitioner is five years and the petitioner is in custody since 19.02.2021 and conclusion of trial may take long time. Counsel furth ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ded that petitioner has not created any fake bills/invoices and has not availed or passed on any input tax credit. It is also contended that petitioner has remained in custody for a period of three months. The main accused in this case is Abhishek Singhal, who is absconding. 4. It is also contended that petitioner has appeared before the Authorities and has answered their queries. Petitioner ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l for the parties and perused the record. 6. This bail application filed on behalf of the petitioner deserves to be dismissed; for the reasons, firstly, the petitioner failed to appear before the Department while notices were issued to him, secondly, even after filing of complaint before the learned Trial court, he remained absconded for about one year and thirdly, the petitioner is a chartered ..... X X X X Extracts X X X X X X X X Extracts X X X X
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