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Issues: Whether the appellant, facing prosecution under the Prevention of Money-laundering Act, 2002 and remaining in custody for 19 months with charge yet to be framed, was entitled to bail pending trial.
Analysis: The appellant's continued custody was considered in the context of the stage of the trial, the absence of framing of charge, the number of prosecution witnesses, and the large volume of documents. Applying the principles governing bail in prolonged pre-trial detention, the Court found that the circumstances justified enlargement on bail pending disposal of the case.
Conclusion: Bail was granted and the appellant was directed to be enlarged on appropriate terms and conditions pending trial.