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Sanjay Chandra vs Cbi on 23 November, 2011

9. For the aforesaid reasons, this Court is of the opinion that further detention of the Petitioner, in the given circumstances, is not called for at this stage, in view of the legal position expounded by the Apex Court in the case of Sanjay Chandra (supra) that notwithstanding the magnitude of the economic offences allegedly committed by an accused who is as yet not convicted, refusal of bail in the circumstances would be improper as a mark of disapproval of a formal conduct to an unconvicted person for the purpose of giving him a taste of imprisonment as a lesson.
Supreme Court of India Cites 29 - Cited by 20107 - H L Dattu - Full Document

State Of Kerala vs Raneef on 3 January, 2011

It is not in the interest of justice that accused should be in jail for an indefinite period. No doubt, the offence alleged against the Appellants is a serious one in terms of alleged huge loss to the State exchequer, that, by itself, should not deter us from enlarging the Appellants on bail when there is no serious contention of the Respondent that the accused, if released on bail, would interfere with the trial or tamper with evidence. We do not see any good reason to detain the accused in custody, that too, after the completion of the investigation and filing of the charge-sheet. This Court, in the case of State of Kerala V. Raneef MANU/SC/0001/2011 : (2011) 1 SCC 784, has stated:
Supreme Court of India Cites 7 - Cited by 424 - M Katju - Full Document
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