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Issues: Whether the petitioners were entitled to regular bail in view of the completion of investigation, presentation of challan, absence of further recovery, and the case being fixed for framing of charges.
Analysis: The investigation was complete, the challan had been presented, no recovery remained to be effected, and the matter had progressed to the stage of framing of charges. In these circumstances, continued custody was not considered necessary and the likely time for conclusion of trial was a relevant consideration for grant of bail.
Conclusion: Regular bail was granted to the petitioners on furnishing surety bonds to the satisfaction of the competent Magistrate.
Ratio Decidendi: Once investigation is complete and challan has been filed, with no further recovery required, continued custody may not be justified where the trial is likely to take time.