The Supreme Court has granted leave and heard arguments in an appeal against an order denying bail to Sheikh Javed Iqbal, accused of possessing counterfeit currency and engaging in unlawful activities. The High Court had previously rejected his bail application due to the gravity of the charges and the risk of absconding, given Iqbal's foreign nationality. The Supreme Court reviewed legal provisions and past judgments, emphasizing the right to a speedy trial under Article 21 of the Constitution. Considering the prolonged detention of over nine years without significant progress in the trial, the Supreme Court granted bail, noting that long incarceration without a foreseeable end to the trial violates fundamental rights.

1. Introduction and Case Background

   • Leave granted and counsel heard.
   • Appeal against the High Court's order denying bail.

2. High Court's Order and Case Details

   • Details of charges and case history.
   • Previous bail application rejections and trial court proceedings.

3. Supreme Court Proceedings

   • Overview of the Supreme Court's review process.
   • The delay in the trial and lack of progress.

4. Legal Provisions and Analysis

   • Explanation of relevant sections of IPC and UAP Act.
   • Section 43D of UAP Act and its application in bail proceedings.

5. Precedents and Legal Principles

   • Reference to past judgments emphasizing the right to a speedy trial.
   • Specific cases cited, including:
     • Javed Gulam Nabi Shaikh vs. State of Maharashtra
     • Supreme Court Legal Aid Committee vs. Union of India
     • Shaheen Welfare Association vs. Union of India
     • Angela Harish Sontakke vs. State of Maharashtra
     • Union of India vs. K.A. Najeeb
     • Frank Vitus vs. Narcotics Control Bureau

6. Considerations for Bail

   • The balance between the gravity of charges and the right to a speedy trial.
   • Conditions for bail and the constitutional rights of the accused.

7. Conclusion

   • Supreme Court's decision to grant bail due to prolonged detention and the unlikelihood of a timely trial.
   • Emphasis on not denying bail solely based on the seriousness of charges if the trial is significantly delayed.