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Issues: Whether the petitioner was entitled to anticipatory bail in respect of the alleged offences.
Analysis: The application was considered on the settled principles governing anticipatory bail under Section 438 of the Code of Criminal Procedure, 1973, including the nature and gravity of the accusation, the possibility of absconding, the likelihood of tampering with evidence, and the need to balance personal liberty with the requirements of investigation. The Court also relied on the presumption of innocence and the principle that bail proceedings should not become a mini trial. On the facts, the Court found that the accusations required fair investigation and that stringent conditions could secure the petitioner's availability and cooperation without denying pre-arrest protection.
Conclusion: The petitioner was entitled to anticipatory bail, subject to stringent conditions.