J. B. PARDIWALA, R. MAHADEVAN
Subhelal @ Sushil Sahu – Appellant
Versus
State of Chhattisgarh – Respondent
| Table of Content |
|---|
| 1. appeal arises from denial (Para 2) |
| 2. economic offence involving investors (Para 3 , 4 , 5 , 6 , 7 , 8) |
| 3. discretion of magistrate explained (Para 9 , 10 , 11 , 12) |
| 4. factors for bail consideration (Para 13 , 14 , 15 , 16 , 17 , 18 , 19 , 20 , 21 , 22) |
| 5. deposit condition imposed (Para 23 , 24 , 25) |
| 6. appeal allowed (Para 26 , 27) |
ORDER
2. This appeal arises from the impugned order passed by the High Court of Chhattisgarh, Bilaspur dated 22-7-2024 in MCRC No.2810/2024 by which the High Court denied regular bail to the appellant in connection with Crime No.460/2023 registered at Police Station Dindayal Upadhyay Nagar, District Raipur, Chhattisgarh for the offence punishable under Sections 420, 201, 120-B read with Section 34 of the Indian Penal Code.
4. Undoubtedly, it is an economic offence. We do not undermine the seriousness of the alleged crime. Unfortunately, almost 2000 investors have lost their money in the scheme floated by the appellant – herein along with other co-accused. Charge-sheet has been filed against 5 individuals including the appellant – herein. The trial is going on in the Court of Chief Judicial Magistrate, Raipur. Till date, one witness has bee
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The right to a speedy trial under Article 21 of the Constitution mandates that an undertrial cannot be detained beyond half of the maximum sentence without trial, warranting bail under Section 436-A ....
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