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Issues: Whether the petitioner was entitled to anticipatory bail in a case involving alleged corruption, cheating and conspiracy.
Analysis: The allegations disclosed a serious corruption-linked transaction involving enhancement of a contract, receipt of bribe amount, and participation of the petitioner in the proposal process. The material collected during investigation, including official records and technical report, was treated as sufficient to show more than a mere suspicion. In view of the seriousness of the accusations, the Court held that custodial interrogation was necessary and that the case did not fall within the exceptional category warranting pre-arrest bail. The balance between personal liberty and the need for effective investigation was resolved in favour of the latter.
Conclusion: Anticipatory bail was declined.
Ratio Decidendi: In serious corruption and economic offence cases, anticipatory bail is not to be granted unless exceptional circumstances exist and the Court is satisfied that custodial interrogation is unnecessary.