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Issues: Whether the applicant was entitled to regular bail in connection with offences alleged under the Central Goods and Services Tax Act, 2017.
Analysis: The application was considered in light of the nature of the alleged offences, the maximum sentence prescribed, the period already spent in custody, the fact that the complaint had not yet been filed, the absence of any request for remand, and the stage of investigation. On these circumstances, the case was found fit for exercise of discretion in favour of release on bail, subject to stringent conditions safeguarding the prosecution and the investigation.
Conclusion: Regular bail was granted to the applicant on specified conditions.
Ratio Decidendi: Where investigation is substantially complete, custody has continued for a significant period, no remand is sought, and the complaint remains unfiled, discretion may be exercised to enlarge the accused on regular bail subject to suitable conditions.