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Issues: Whether an investigating agency can file a charge-sheet/prosecution complaint without completing investigation so as to defeat or extinguish the accused's right to default bail under Section 167(2) Cr. P. C., and whether an accused is entitled to be released on default bail where the charge-sheet/prosecution complaint is incomplete.
Analysis: The Court examined the statutory scheme of Section 167(2) Cr. P. C. and constitutional protections under Article 21, and applied binding Supreme Court precedents which hold that Section 167(2) Cr. P. C. imposes time-limits on remand to ensure expeditious investigation and to protect liberty. The Court noted the factual material in the status report and prosecution complaint showing that substantial parts of the investigation remained pending (including ongoing foreign cooperation and an absconding accused), and that the prosecution itself recorded that investigation was ongoing. The Court relied on Ritu Chhabaria and other decisions establishing that a chargesheet or prosecution complaint filed without completing investigation cannot be used to deny default bail, and that remand cannot be continued beyond the statutory period on that basis.
Conclusion: The accused is entitled to default bail; an incomplete or piecemeal charge-sheet/prosecution complaint does not extinguish the right to default bail under Section 167(2) Cr. P. C. The application for bail is allowed and the applicant is directed to be released on bail subject to conditions.
Ratio Decidendi: Where an investigating agency files a charge-sheet or prosecution complaint without first completing the investigation, such filing does not defeat the accused's indefeasible right to default bail under Section 167(2) of the Code of Criminal Procedure, and remand cannot be lawfully continued beyond the statutory period on that ground.