IN THE HIGH COURT OF HIMACHAL PRADESH, SHIMLA
HON'BLE MR. JUSTICE VIRENDER SINGH
Tej Pal Singh – Appellant
Versus
State of Himachal Pradesh – Respondent
| Table of Content |
|---|
| 1. applicant seeks bail due to arrest threat. (Para 1 , 2 , 3 , 5) |
| 2. investigative findings outline financial misconduct. (Para 6 , 7 , 11 , 12) |
| 3. bail denied due to serious economic crime implications. (Para 10 , 15 , 16 , 32) |
| 4. importance of preserving societal trust in banking. (Para 30 , 34) |
JUDGMENT :
Virender Singh, J.
Apprehending his arrest, in case FIR No.63 of2024 dated 03.10.2024 (hereinafter referred to as the ‘FIR in question’), registered under Sections 314 , 316(5), 318(3) of the Bharatiya Nyaya Sanhita, 2023 (hereinafter referred to as the ‘ BNS ’), with Police Station Dalhousie, District Chamba, H.P., the applicant has filed the presentapplication, under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (hereinafter referred to as ‘ BNS S ’).
2. By way of the present application, the applicant has sought the indulgence of this Court to direct the I.O/police of Police Station Dalhousie, to release him, on bail, in the event of his arrest, in the above-mentioned case/FIR.
3. According to the applicant, he is innocent and has falsely been implicated, in the present case, as, he has nothing to do with the offence. According to him, he is a law-abid
Chairman and Managing Director, United Commercial Bank & Others v. P.C. Kakkar’
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Tarun Kumar Vs. Assistant Director, Directorate of Enforcement’
Economic offences, particularly in banking contexts, require stringent scrutiny and uphold a high standard of fiduciary integrity, impacting bail decisions significantly.
The economic offence of having deep routed conspiracies and involving huge loss of public funds, needs to be viewed seriously and considered as grave offences affecting the economic of the country, a....
The main legal point established in the judgment is the importance of complying with the conditions of bail and the court's reliance on evidence of money trail in reaching its decision.
The court emphasized the balance between individual liberty and the interest of society in deciding bail applications, considering the nature and seriousness of economic offences and their impact on ....
In serious fraud cases, bail may be denied due to substantial allegations, criminal antecedents, and flight risk, despite long custody periods.
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