Adversely Impacts Economy: Bombay High Court Denies Anticipatory Bail To Man Booked For Stealing 13K Litres Of Petrol
Live LawObserving that stealing petroleum-based fuels adversely affects the country's economy, the Bombay High Court recently refused to grant pre-arrest bail to a man, booked for stealing 13,000 litres of petrol worth Rs 13.90 lakhs.Single-judge Justice Rajesh Laddha noted that the applicant Mohd. Observing that stealing petroleum-based fuels adversely affects the country's economy, the Bombay High Court recently refused to grant pre-arrest bail to a man, booked for stealing 13,000 litres of petrol worth Rs 13.90 lakhs. "Stealing petroleum-based fuels has an adverse impact on a country's economy, contributing to rising fuel prices, a reduction in revenue from taxes, and illegal trade. The applicant seems to be the linchpin of the offence, and his custody would be necessary to uncover the illicit network of the unlawful fuel trade," Justice Laddha said in the order passed on November 18.
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