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Showing contexts for: parallel economy in Dilip Kumar Chaturvedi vs State Of U.P. And Another on 23 August, 2023Matching Fragments
12. In P. Chidambaram Vs. Director Of Enforcement reported in (2019) 9 SCC 24, the Apex Court has clearly held that grant of anticipatory bail particularly in economic offences would definitely hamper the effective investigation. In the cases of corruption the custodial interrogation of an accused is necessary because he/she may provide the information leading to discovery of material fact and relevant information.
13. The Hon'ble Apex Court in various pronouncement held that the economic offender should not be dealt as general offender because economic offenders run parallel economy and they are serious threat to the national economy.