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2024 (2) TMI 354

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..... e fact that the petitioner has come forward to deposit a sum of Rs. 50,00,000/- to the respondent by way of demand draft, this court is inclined to grant bail to the petitioner with certain conditions. The petitioner is ordered to be released on bail on his executing a bond for a sum of Rs.10,000/- with two sureties, each for a like sum to the satisfaction of the learned Judicial Magistrate No. .....

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..... . Hence, the present bail application is filed. 3. The learned counsel appearing for the petitioner would submit that though the allegation made against the petitioner that he committed GST violation to the tune of Rs.122 Crores, there was an error in the calculation of the payment of GST of only Rs.25 lakhs. The petitioner is in judicial custody for more than seven months. However, on instruct .....

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..... o the petitioner with certain conditions. 7. Accordingly, the petitioner is ordered to be released on bail on his executing a bond for a sum of Rs.10,000/-(Rupees Ten Thousand only) with two sureties, each for a like sum to the satisfaction of the learned Judicial Magistrate No.1, Trichy, and on further conditions that: (a) the petitioner shall deposit a sum of Rs. 50,00,000/- (Rupees Fifty .....

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..... at 5.00 p.m until further orders; (d) the petitioner is further directed to surrender his passport before the respondent; (e) the petitioner shall not tamper with evidence or witness either during investigation or trial; (f) the petitioner shall not abscond either during investigation or trial; (h) on breach of any of the aforesaid conditions, the learned Magistrate/ Trial Court is ent .....

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