Section 132 of the CGST Act, 2017 — Bail – The petitioner prayed for the bail for the offence(s) under Sections 132 of the Act. The High Court dismissed the bail. The appellant challenged the order and contended that the appellant is a salaried Director of the company since 2019 and only an employee before that. Insofar as the payment of Rs. 200 crore as a condition of bail of other accused is concerned, that has also been paid through the assets of the Company. The court observed that no notice has been issued to the Company under Section 74 of the Act, which could have resulted in quantification of the amount. Thus on the one hand the charge sheet has been filed but on the other hand no process for quantification of the amount has taken place. The proceedings commenced in October, 2021. The appellant has been charged in the third charge sheet filed. Thus, obviously investigation is over.

Held that:- The Hon’ble Court granted bail to the appellant on terms and conditions to the satisfaction of the trial Court.