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Issues: Whether the rejection of the petitioners' bail applications under Section 439 of the Code of Criminal Procedure suffered from any legal infirmity.
Analysis: The Court found no error in the reasons recorded by the Special Judge and the High Court for refusing bail. It held that the challenge to the refusal to entertain the bail prayer did not disclose any legal infirmity warranting interference. The Court also permitted the petitioners to move fresh applications after framing of charges, and petitioner no. 2 was allowed to invoke Section 437 of the Code of Criminal Procedure again in such application.
Conclusion: The refusal of bail was upheld and the special leave petitions were dismissed.