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GST - Bail denied considering applicant's likelihood of jumping bail - economic offences corrode democratic fabric & public probity & hence are gravest offences: HC

Yogender Singh Vs State of Haryana

GST - Bail application - The present application was filed u/s 437 of the CrPC who has been in custody since 23.10.2021 - The applicant claimed to have been put behind bars due to the high-handedness of Intelligence Officers of the GST Department - The applicant further claimed to have been falsely implicated and that he had nothing to do with the firms accused of ITC fraud - The applicant claimed to be engaged in accounting for various firms & that various signed & unsigned documents were found in his office, on the basis of which the applicant had been implicated - The GST Department in turn stated that investigation in this case is still under way and the applicant-accused played an active role in commission of crime under Section 132 of CGST Act and he should not be released on bail in this case.

Held - The applicant does not deserve to be released on bail - It is settled preposition of law that economic offences in itself are considered to be gravest offence against the society at large and hence are required to be treated differently in the matter of bail - It seems that the entire community would aggrieved if the economic offenders who ruin the economy of the State are not brought to book as such offences affects the very fabric of democratic governance and probity in public life - The economic offence is supposed to be committed with cool calculation and deliberately with an eye on personal profit regardless of the consequence of the community - A disregard for the interest of the community can be manifested only at the cost of forfeiting the trust and faith of the community in the system to administer justice in an even handed manner without fear of criticism from the quarters which view white collar crimes with a permissive eye unmindful of the damage done to the national economy and national interest - If accused is released on bail then there are likely chances of him to jump bail - Hence, bail application rejected: HC

- Bail application dismissed: PUNJAB AND HARYANA HIGH COURT