TMI Blog2020 (12) TMI 271X X X X Extracts X X X X X X X X Extracts X X X X ..... ttedly maximum punishment to be imposed on the accused, if convicted, is five years. Now the case is listed before the trial court for recording of pre-charge evidence and the trial may not be concluded at an early date - Considering the custody period of the petitioner, but without commenting on the merits of the case, it would be just and expedient to order release of the petitioner on bail. Petitioner be admitted to bail subject to furnishing bail bond in the sum of ₹ 10,00,000/- with one surety in the like amount to the satisfaction of the Trial Court - petition allowed. - S.B. Criminal Miscellaneous 5th Bail Application No. 11595/2020 - - - Dated:- 4-12-2020 - Mrs. Justice Sabina For the Petitioner(s) : Mr. Sudhir Jai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y purposes of bail in a criminal case are to relieve the accused of imprisonment, to relieve the State of the burden of keeping him, pending the trial, and at the same time, to keep the accused constructively in the custody of the court, whether before or after conviction, to assure that he will submit to the jurisdiction of the court and be in attendance thereon whenever his presence is required. 46. We are conscious of the fact that the accused are charged with economic offences of huge magnitude. We are also conscious of the fact that the offences alleged, if proved, may jeopardise the economy of the country. At the same time, we cannot lose sight of the fact that the investigating agency has already completed investigation and t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... est that they may be permitted to be present through the counsel. (c) They will not dispute their identity as the accused in the case. (d) They shall surrender their passport, if any (if not already surrendered), and in case, they are not a holder of the same, they shall swear to an affidavit. If they have already surrendered before the learned Special Judge, CBI, that fact should also be supported by an affidavit. (e) We reserve liberty to CBI to make an appropriate application for modification/recalling the order passed by us, if for any reason, the appellants violate any of the conditions imposed by this Court. Learned counsel for the respondent has opposed the petition and has submitted that allegations levelled against the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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