Mumbai: Sessions Court Reserves Order On GST Department's Plea Against Bail
Mumbai: The sessions court on Thursday reserved the order on the plea of the department of Central Goods and Services Tax moved against the order of the magistrate court granting bail to managing director and two top executives of Shemaroo Entrainment limited booked for allegedly evading payment of tax.
Atul Maru - Joint Managing Director of Shemaroo; Hiren Uday Gada - Chief Executive Officer and Director of Shemaroo and Amit Haria, Chief Financial Officer of Shemaroo, where arrested on September 6 last year for alleged evasion of GST worth Rs 133 crores.
The three were produced before the magistrate court the next day on September 7 last year. The department pleaded that the accused be sent to judicial custody as they are involved in serious tax evasion case. However, the magistrate held that the accused were not given grounds of arrest and immediately granted bail to the three accused. The department had hence challenged the said order before the the sessions court.
On Thursday, the counsel for GST department SR Ketkar on Thursday argued that the order passed by the magistrate court rejecting their pleas to remand Maru and other office bearers and releasing them on bail only because the grounds of arrest were not stated in writing.
