“14. Thus, the Appellate Court or the Higher forum that examines whether the order granting bail suffers from non-application of mind or is not borne out of a prima facie view on evidence on record, would be an essential feature. It is thus necessary for this Court to assess whether, on the basis of the evidence on record, there exists a prima facie case or reasonable ground that the accused has committed the crime, also taking into account the seriousness of the crime and the severity of the punishment. It is worth noting that in the instant case, what is being considered relates to whether the High Court had exercised the discretionary power under Section 439 in granting bail appropriately or not. Such an assessment is different from deciding whether circumstances after the grant of bail have made it necessary to cancel the same. If the twin factors are conspicuously present, then in such an event, this Court would be required to examine both the factors. The first situation requires analysing whether the granting of bail is illegal, perverse, unjustified or arbitrary. On the other hand, an application for cancellation of bail looks at whether supervening circumstances have occurred, warranting cancellation.”