Rajasthan HC allows bail application of a CA upon furnishing of personal bond

Last updated: 17 February 2020

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The Rajasthan High Court has granted bail to a 27-year-old practising Chartered Accountant, Paridhi Jain, who had been in custody for over a month. The court considered her profession, age, and her undertaking to cooperate with the investigation. She was released on a personal bond of ₹10,00,000 with two sureties, required to deposit her passport, and must appear in court on all hearing dates.

Court :
Rajasthan High Court

Brief :
The Hon’ble HC, Rajasthan in Paridhi Jain v. State [S.B. Criminal Miscellaneous Bail Application No. 742/2020, 48/2020 dated January 20, 2020]after considering the fact that fact that the Petitioner being a practising Chartered Accountant and a lady of 27 years is facing incarceration for last more than one month, allowed bail application on furnishing of a personal bond of Rs. 10,00,000/- each with two sureties of ₹ 10,00,000/- each with the stipulation to appear before that Court on all dates of hearing. Further, to deposit her passport before the Investigating Authority and not leave the country without the prior permission of the concerned Court.

Citation :
Paridhi Jain v. State [S.B. Criminal Miscellaneous Bail Application No. 742/2020, 48/2020 dated January 20, 2020]

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Judgement posted by

Bimal Jain

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FCA, FCS LLB with21 Yrs of Experience inTaxation Indirect and Direct: Education Qualification: B.Com (Hons) Chartered Accountants Company Secretary LLB Qualified SAP FI/CO Consultants Professional Membership: Chairmanof Indirect Tax Committee of PHD Chamber of Commerce Member of Indirec ... Read more

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