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As per case facts, the Petitioner, Accused No.49, filed a Criminal Petition seeking regular bail in a case alleging large-scale irregularities in excise policy, involving criminal conspiracy, creation of shell
...companies, and routing illicit funds. A charge sheet has been filed after investigation. The petitioner argued that no specific overt act was attributed, the trial would be protracted, and a co-accused was already on bail. The prosecution opposed, highlighting the gravity of the economic offence, the petitioner's role as a principal organizer, and the likelihood of evidence tampering. The question arose whether the Petitioner is entitled to regular bail given the investigation's completion, the documentary nature of evidence, the anticipated long trial, and parity with a co-accused, balanced against the seriousness of economic offenses and the right to liberty. Finally, the Court granted bail, noting that further custodial interrogation was unnecessary as investigation was complete and evidence secured. It recognized that a protracted trial might infringe Article 21 rights and applied the principle of parity, as a similarly placed co-accused had received bail. Stringent conditions were imposed to ensure trial presence and protect the prosecution's case integrity, without commenting on the allegations' merits.
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