Srinagar, Jan. 3 -- The Jammu and Kashmir and Ladakh High Court recently allowed the bail plea of a bank manager accused in a financial fraud and corruption case, while emphasizing that the grant of bail in cases attracting the death penalty or life imprisonment is "an exception and not the rule."Justice Mohd Yousuf Wani was hearing the bail application of the bank manager, who has been in custody since February 2025 for his alleged role in a criminal conspiracy involving fraudulent loans, forgery, and corruption."No single rule or a golden litmus test is applicable for consideration of a bail application. Instead, some material principles and guidelines need to be kept in mind by the courts and magistrates," the court observed. It noted ...