FEMA, BANKING & INSURANCE : Where applicant who was arrested by Enforcement Directorate for offence under section 3 on ground that he had misappropriated or ‘siphoned-off’ monies lent by REL to entities owned or controlled by him sought for bail, there being no rationale for continuing applicant’s judicial custody as an under trial applicant was to be granted bail subject to certain stipulated restrictionsFEMA, BANKING & INSURANCE : Where applicant who was arrested by Enforcement Directorate for offence under section 3 on ground that he had misappropriated or ‘siphoned-off’ monies lent by REL to entities owned or controlled by him sought for bail, there being no rationale for continuing applicant’s judicial custody as an under trial applicant was to be granted bail subject to certain stipulated restrictionswww.taxmann.com Latest Case LawsRead More
