Sanjay Chandra vs Cbi on 23 November, 2011
"This Court in Sanjay Chandra vs. Central Bureau of
Investigation (2012) 1 SCC 40, also involving an
economic offence of formidable magnitude, while
dealing with the issue of grant of bail, had observed
that deprivation of liberty must be considered a
punishment unless it is required to ensure that an
accused person would stand his trial when called upon
and that the courts owe more than verbal respect to the
principle that punishment begins after conviction and
that every man is deemed to be innocent until duly
tried and found guilty. It was underlined that the object
of bail is neither punitive nor preventive. This Court
sounded a caveat that any imprisonment before
conviction has a substantial punitive content and it
would be improper for any court to refuse bail as a
mark of disapproval of a conduct whether an accused
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has been convicted for it or not or to refuse bail to an
unconvicted person for the purpose of giving him a
taste of imprisonment as a lesson. It was enunciated
.