SC: Dismisses SLP against Bombay HC’s order rejecting anticipatory-bail of Petitioner held guilty of 'circular-trading'

SC dismisses SLP (Crl) filed against Bombay HC order rejecting anticipatory/pre-arrest bail of Petitioner held guilty of circular trading; Pursuant to the irregularities in return-filing, HC found the Petitioner to have availed ITC of Rs. 63.53 crores during the period July, 2017 to September, 2019 on invoices valued at Rs.352.92 crores; HC found Revenue’s submission that applicant’s detention in custody is necessary to prevent him from causing the evidence of the of...