Can Bail Be Granted in Grave Economic Offences When Civil Remedies Also Exist? Delhi High Court Reaffirms “Fraudulent Intent at Inception” Bars Bail, Upholds Precedent
The High Court of Delhi reiterates that even where civil proceedings are possible, bail will not be granted if there is prima facie evidence of fraudulent intent and grave economic offences involving deep-rooted conspiracies. The judgment upholds existing Supreme Court precedents, maintaining a high threshold for bail in financial fraud cases, and stands as binding […]