SC grants bail to Chartered Accountant in 318 Cr GDR Fraud against ED’s Arrest

SC - bail - Chartered - Accountant - GDR - EDs - Arrest - TAXSCAN

The Supreme Court granted bail to a Chartered Accountant who was arrested by the Enforcement Directorate (ED) in connection with a probe into the Rs 318 crore Global Depository Receipts (GDRs) fraud. The ED apprehended that the appellant CA is a flight risk and may go out of the country if released on bail must…

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