The spectre of demonetisation still exists, for many companies and organisations that had justly and legally deposited their hard earned cash incomes during the government-provided window. The Delhi High Court has recently cut to size a marauding government agency
A single bench of Justice Vibhu Bakhru called the issue a controversial one and allowed the anticipatory bail application on conditions that the petitioner shall continue to cooperate with the investigation officer and appear before him whenever required.
Justice Vibhu Bakhru passed the acquittal orders, holding that, given the evidence and material on record, the standard of proof to convict the appellant has not been met. The appeal is, accordingly, allowed. The appellant is acquitted. "He is directed to be released forthwith," said the court.