Legal

Delhi HC Grants Bail To Amit In Rs 7 Crore Fraud Case

The Delhi High Court has granted bail to Amit, who has been in jail since 2022 in connection with a fraud case. He will be released on a personal bond of Rs 50 lakh and two sureties.

Justice Amit Mahajan, while granting bail, highlighted a crucial point. He said keeping Amit in jail without a trial violated his constitutional rights under Article 21. “The law mandates timely trials. If an accused person is held in jail for an extended period without trial, the courts must grant bail,” the judge said.

The court noted that charges have not been framed against Amit yet, and the prosecution has repeatedly sought more time to file a supplementary charge sheet.

Also Read: ED Issues Summons To KT Rama Rao And Others In Formula-E Financial Irregularity Case

Amit has been in jail for over two years. The court observed that there was no likelihood of the trial concluding soon. As a result, continuing his imprisonment without a trial would be unjust. The HC emphasized that the law favours bail over jail, aiming to strike a balance between the accused’s rights and the needs of the justice system.

The court said long-term imprisonment without trial is a key factor in deciding bail. The goal of incarceration is to ensure the accused’s presence during the trial. By imposing conditions, the court said, the risk of Amit fleeing can be mitigated.

Amit is accused of defrauding a company of Rs 7 crore. He allegedly issued fake payment receipts for rice container orders, leading to a complaint lodged with the Economic Offenses Wing. The complainant claims Amit’s actions resulted in significant financial loss. However, Amit insists that he has been framed in the case.

Gopal Krishna

Recent Posts

Two Indian Nationals Executed In UAE On Murder Charges, Says MEA

Two Indian nationals convicted in separate murder cases have been executed in the United Arab…

6 hours ago

‘Unacceptable’: United Kingdom Condemns Security Breach During Jaishankar’s London Visit

The incident occurred on Jaishankar’s second day in the UK. Pro-Khalistan protesters gathered across the…

8 hours ago

Mahindra & Mahindra’s Expects Tractor Sales Maintain Strong Growth Momentum

In February, M&M recorded a 19% sales increase, significantly outperforming the industry’s 13.6% growth.

10 hours ago

Lenovo Plans Full-Scale PC Manufacturing In India Within Three Years

Lenovo plans to achieve 100% local PC production, including AI models, in three years, supporting…

10 hours ago

Shah Rukh Khan, Virat Kohli, Deepika Padukone Applaud Anant Ambani’s Vantara After PM Modi’s Visit

PM Narendra Modi inaugurated the wildlife conservation, rescue, and rehabilitation project during his visit to…

10 hours ago

India Poised To Become A Global Chemical Supply Hub: McKinsey Report

India’s chemical industry revenue grew at a CAGR of 10.5% from FY18 to FY24, outpacing…

10 hours ago