Principles Governing Bail in Heinous Crimes Also Apply to Serious Economic Offences: Supreme Court of India
The Supreme Court has ruled that the principles governing bail in heinous offences apply equally to serious economic offences. The Court observed that crimes involving financial fraud directly affect the economic well being and quality of life of citizens. A Bench of Justices Sanjay Kumar and K Vinod Chandran set aside the bail granted by the Allahabad High Court Lucknow Bench to an accused described as a habitual offender in…