Back
IN THE HIGH COURT OF DELHI AT NEW DELHI
RAVINDER DUDEJA
Raju Verma – Appellant
Versus
State of NCT of Delhi – Respondent
JUDGMENT :
RAVINDER DUDEJA, J.
1. The present bail application is filed under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 [" BNSS "] arising out of FIR bearing No. 19/2023, under Sections 420 /409/477A/201/120B IPC registered at PS Economic Offences Wing, Delhi.
2. Briefly stated the facts of the present case are that on the complaint of Dr. J.S. Reddy, Additional Director, Export Inspection Council ["EIC"], New Delhi, FIR no. 19/2023 was lodged wherein it was alleged that EIC Delhi noticed that a sum of Rs.55,00,000/- (Rupees Fifty Five Lakhs) was diverted to a private entity namely M/s. BDS 3 Infracon Pvt. Ltd. by Mr. Rajvinder Singh- who was then serving as Deputy Director (Non-Technical) at EIC. Upon scrutiny of the accounts of the previous years, various such transactions were found where the funds of EIC were embezzled and payments were made to various private entities- showing significant financial irregularities and misappropriation of public funds having occurred during the tenure of Sh. Rajvinder Singh.
2.1 As per the investigation, Rajvinder Singh, who has since been compulsorily retired from service following disciplinary proceedings, was found to have frau
Economic offences necessitate stringent scrutiny; anticipatory bail should be denied when there is a prima facie case and serious allegations loom over the accused, especially if non-cooperation with....
Anticipatory bail should not be granted routinely in serious economic offences involving large-scale fraud, as custodial interrogation is crucial for effective investigation.
Anticipatory bail in economic offences requires a careful analysis of the seriousness of allegations and potential risks to investigations, particularly when significant fraud is involved.
Economic offences require a cautious approach during bail considerations, balancing individual rights and public interest due to their profound impact.
The court underscored that in cases of serious economic offences, the gravity of the allegations and the societal impact outweigh individual rights to bail, especially when considerable evidence indi....
Economic offences need to be viewed seriously and considered as grave offences affecting the economy of the country, requiring a different approach in the matter of bail.
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
