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Bombay High Court Grants Bail to Accused in Counterfeit Currency Case on Grounds of Parity and Bailable Offence. The court held that where a co-accused has been granted bail on the ground that the offence under Section 489-C IPC is bailable, the same principle applies to another accused similarly placed.

The applicant, Kiran Kumar Kanhyalal Khadra (accused No.2), was arrested in connection with C.R. No.176 of 2010 registered at L.T. Marg Police Station...