Regular bail after charge-sheet with strict conditions, balancing investigation completion, evidentiary risk, and prosecution safeguards.

Regular bail was granted in a serious criminal matter after the Court noted completion of investigation and filing of the charge-sheet, which reduced the risk of tampering with evidence. The Court balanced the gravity of the allegations against the stage of proceedings and the applicant's willingness to comply with safeguards, including deposit of a stated amount and undertakings concerning immovable property. Bail was therefore allowed subject to stringent conditions, including personal bond, surety, surrender of passport, travel restriction, periodic reporting before police, and compliance with the deposit and undertakings.

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Issues: Whether the applicant was entitled to regular bail in a serious criminal case after completion of investigation and filing of charge-sheet, subject to stringent conditions including monetary deposit and undertakings.

Analysis: The applicant sought release on regular bail under the bail jurisdiction of the High Court. The Court noted that investigation had been completed and the charge-sheet filed, reducing the likelihood of tampering with evidence. It also took into account the applicant's willingness to deposit a substantial amount and to furnish undertakings regarding immovable property, while balancing the gravity of the allegations with the stage of the proceedings. On these considerations, the Court exercised discretion in favour of release on bail, imposing detailed conditions to secure the prosecution's interest.

Conclusion: Regular bail was granted to the applicant on terms and conditions, including personal bond, surety, surrender of passport, travel restriction, periodic presence before the police, and deposit of the agreed amount with undertakings.

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