Regular bail granted after charge-sheet filing, where custody, offence seriousness and conditional deposit weighed in favour of release.

Regular bail under Section 439 CrPC was considered in a case involving allegations of forgery, cheating and criminal conspiracy. The Court noted that the applicant was in custody, the investigation had concluded and the charge-sheet had been filed, and it weighed the nature of the accusations, the maximum sentence, the absence of special circumstances shown by the prosecution, and the applicant's willingness to deposit part of the alleged loss. Applying the governing principles for bail, the Court treated the matter as suitable for discretionary relief and granted regular bail subject to conditions.

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Issues: Whether the applicant was entitled to regular bail under Section 439 of the Code of Criminal Procedure, 1973.

Analysis: The application arose from allegations of forgery, cheating and criminal conspiracy. The Court noted that the applicant was in custody, the investigation had been completed and the charge-sheet had been filed. It also considered the nature of the allegations, the maximum sentence, the absence of special circumstances shown by the prosecution, and the applicant's willingness to deposit part of the alleged loss. Relying on the governing principles for grant of bail, the Court found the case fit for exercise of discretionary bail jurisdiction.

Conclusion: Regular bail was granted to the applicant on conditions.

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