The apex courtroom has allowed NR Munjal, managing director of a number one pharmaceutical firm Ind Swift Pvt Ltd, dealing with multi-crore tax evasion case, to journey overseas for the remedy of his ailing spouse and confirmed his earlier interim bail. .
The prime courtroom handed the order on Monday. Munjal, a resident of Sector 6 of Panchkula, was arrested in December 2018 in a multi-crore tax evasion rip-off. Later the checking account of the pharmaceutical firm was additionally frozen. The apex courtroom had granted him interim bail on 5 July 2019. The trial proceedings towards him are nonetheless pending within the district courts, Sector 43.
Munjal, by his lawyer, sought permission from the apex courtroom to journey to Abu Dhabi for a interval of 45 days from July 5 to August 18, 2021. His spouse suffers from a retinal illness, i.e. bilateral idiopathic intermediate uveitis, with recurrent cystic macular oedema. Since 2017 it was submitted that she was present process remedy in Chandigarh, however she wanted to hunt another line of remedy on the Cleveland Clinic, Abu Dhabi.
However, the Solicitor General argued that the appellant has enough contacts in Dubai and an appropriate enterprise must be submitted by the appellant to allay the apprehension that he could not return to India to face trial.
During the final listening to, the protection counsel had knowledgeable the apex courtroom that out of the overall tax demand of Rs 66 crore, authentic demand of Rs 14.33 crore, curiosity of Rs 21.15 crore and penalty of Rs 31.61 crore have been concerned. The petitioner has already deposited an quantity of Rs 31.52 crore within the Punjab and Haryana High Court.
The apex courtroom ordered, “The bail granted by this court on July 5, 2019, is hereby confirmed. The passport of the appellant shall be returned only for the purpose of enabling him to travel to Abu Dhabi for medical treatment of his/her spouse between July 5 and August 18, 2021. The direction is subject to the condition that the appellant, before obtaining the release of his passport, shall file an unconditional undertaking before this Court that he shall return to India forthwith on the expiry of such prescribed period and the FIR no. will be available to face trial in the proceeding. 3, dated 1st August 2018, in respect of which the charge sheet has been filed after inquiry before the competent court; and (iv) the passport shall be deposited in the trial court on the return of the appellant.”
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With inputs from TheIndianEXPRESS
