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2021 (12) TMI 833

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..... nd on his doing so, the petitioner be released on interim bail subject to his furnishing personal bonds and surety to the satisfaction of Arresting/Investigating Officer. However, the petitioner shall continue to join the investigation as and when called upon to do so and shall abide by all the conditions as provided under Section 438(2) Cr.P.C. It is further directed that the petitioner shall for .....

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..... T and it is a case where the allegation against the petitioner was that he had evaded input tax credit facility by forging various documents/vouchers of various other companies. Learned counsel has submitted that as per the prosecution, the total liability of the petitioner turns out to be ₹ 2.5 crores and the petitioner has volunteered to deposit half of the amount within ten days subject t .....

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..... 8(2) Cr.P.C. It is further directed that the petitioner shall forthwith deposit his passport, if any, with the SIT. Adjourned to 11.1.2022. Needless to say that in case the petitioner violates any of the conditions imposed by this Court then the State shall always be at liberty to file appropriate application before this Court even before the next date of hearing. - - TaxTMI - TMITax - .....

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