In Brief
The Supreme Court partly allowed two criminal appeals against a Delhi High Court order releasing a person in an alleged fraud case. While the High Court had released the respondent by analogy with constitutional principles struck down in PMLA cases, the Supreme Court found the High Court had not properly applied bail principles under CrPC Section 439, particularly consideration of offence gravity. The Court stayed the High Court's order's operation but continued the respondent's release on personal bond with additional reporting conditions to the investigating agency, pending final determination of related constitutional questions in transferred cases.
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