Regular bail granted where rival allegations and factual disputes under the NI Act could be tested at trial.

Regular bail under Section 439 CrPC was granted in a matter involving rival allegations and counter-allegations. The Court noted that the reply to the Section 138 NI Act notice and the applicant's own complaint raised factual matters that could be examined at trial, and those circumstances justified exercise of discretion in the applicant's favour. Bail was therefore granted.

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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 a dispute carrying rival allegations and counter-allegations, and the materials placed included the reply to the notice under Section 138 of the Negotiable Instruments Act and the applicant's own complaint. The Court held that these factual aspects could be examined at trial and that, on the circumstances presented, discretion could be exercised in favour of the applicant.

Conclusion: Regular bail was granted to the applicant.

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