HC: Rejects anticipatory-bail plea of accused involved in circular-trading, however, allows bail to wife
Bombay HC rejects anticipatory/pre-arrest bail of Applicant/accused held guilty of circular trading; Holds Applicant in breach of provisions of Section 16 of CGST Act, which is cognizable offence under Section 132(1)(b)(c) read with Section 132(5) of the CGST Act & refuses to “exercise discretion under Section 439 of the Criminal Procedure Code in favour of applicant”; However, grants conditional bail to applicant’s wife (co-applicant) who is a dormant and sleeping ...