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YASHIK JINDAL vs. UNION OF INDIA
(Supreme Court)

Hon'ble Judges:

S. RAVINDRA BHAT
DIPANKAR DATTA
Pet. Counsel
Sanchar Anand
Devendra Singh
Ajay Nain
Res. Counsel
Jayant K. Sud
Sachin Sharma
Kartik Jasra

Petitioner / Applicant

YASHIK JINDAL

Respondent UNION OF INDIA
Court

SC (Supreme Court)

Date Mar 28, 2023
Order No.

Petition(s) for Special Leave to Appeal (Crl.) No(s). 2982- 2983/2023

Citation

2023(3) TAXREPLY 7956

Original Order
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ORDER

ORDER Heard learned counsel for the parties. We requested Mr. Jayant Sood, learned Addl. Soclicitor General, to assist the Court in the present petitions since there is no appearance on behalf of the respondent. By the impugned order, the High Court imposed a condition of deposit of Rs. 2 crores upon the petitioners, for the grant of bail. They are accused of evading tax and derived the benefit of input-tax credit to the tune of Rs. 11.3 crores. This Court has depracated imposition of such onerous conditions previously- notably in the recent order in “Subhash Chouhan vs. Union of India & Anr.” (Criminal Appeal No. 186 of 2023) decided on 20.01.2023. Following the order in Subhash Chouhan vs. Union of India & Anr., the condition requiring the petitioner to deposit Rs.2 crores is hereby set aside. The Court is informed that the petitioner had borrowed sums of money and deposited the same. It is open for them to seek withdrawal/ refund of such amount....

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