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Issues: Whether the bail granted to the respondent in a money-laundering case should be cancelled.
Analysis: Cancellation of bail requires cogent and overwhelming circumstances, such as misuse of the liberty, interference with the administration of justice, evasion of process, or other supervening circumstances showing that continued liberty is no longer conducive to a fair trial. On the material before it, the Court found no sufficient basis to interfere with the order granting bail. The apprehensions raised about tampering with evidence, influencing witnesses, or evasion of process were not found adequate to justify cancellation in the facts of the case.
Conclusion: The request to cancel the respondent's bail was rejected and the bail order was left undisturbed.