Bail on parity after charge-sheet filing: similar allegations and completed investigation justified release from continued custody.

Bail on parity was considered appropriate where the appellant's allegations were substantially similar to those against the co-accused, with only a marginally higher allegation concerning receipt and use of proceeds of crime. That aspect was left for trial, and completed investigation with filing of charge-sheet weighed against continued incarceration. On those facts, further custody was not justified and release on bail was warranted.

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Issues: Whether the appellant was entitled to bail on parity with co-accused, and whether continued incarceration was warranted after completion of investigation and filing of charge-sheet.

Analysis: The allegations against the appellant were found to be substantially similar to those against the co-accused, with only a marginally higher allegation relating to receipt and use of proceeds of crime. The alleged use of those proceeds was treated as a matter to be examined at trial. Since investigation had been completed and charge-sheets had been filed, further incarceration was not considered justified.

Conclusion: The appellant was held entitled to be released on bail.

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