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Issues: Whether the petitioner was entitled to regular bail in view of his alleged limited role in the conspiracy and the prolonged pre-trial detention affecting the right to speedy trial.
Analysis: The petitioner was alleged to have acted only as a conduit for routing funds and there was no prima facie material showing that he himself forged any Customs documents or knew the nature and scale of the alleged offence. The chargesheet had already been filed, 49 witnesses had been cited, the record was voluminous, and charges had not yet been framed. The petitioner had remained in judicial custody for over 13 months. Applying the settled principles that pre-trial custody is not punitive, that bail turns on the necessity of continued detention, and that Article 21 protects the right to speedy trial, the continued incarceration was found unjustified.
Conclusion: Regular bail was granted to the petitioner.
Ratio Decidendi: Where an undertrial has already spent substantial time in custody, the investigation is complete, and no specific material shows a necessity for continued detention or a prima facie role in the core forgery, prolonged incarceration must yield to the constitutional guarantee of speedy trial and bail may be granted.