Economic Offender found Financially Poor: Telangana HC reduces Surety amount imposed by Economic Offences Court from Rs. 2 lakhs to Rs. 25,000 [Read Order]

By Navasree A.M - On August 16, 2023 7:00 pm - 2 mins read

Economic Offender found Financially Poor - Economic Offender - Financially Poor - Telangana High Court - Economic Offences Court - Economic Offences - Taxscan

A Single Bench of Justice G. Anupama Chakravarthy of Telangana High Court reduced the surety amount imposed by the Economic Offences Court from Rs. 2 lakhs to Rs. 25,000 on grounds that the offender was found financially poor. The petitioner filed the petition before the high court praying to modify the conditions imposed by the…

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