Patna High CourtCR. MISC./2467/2017bail granted

Atul Kumar v. The Union Of India Through Central Bureau Of Investigation, Patna And ANR

2017-02-07Mr. Justice Rajendra Kumar Mishra2 pages

IN THE HIGH COURT OF JUDICATURE AT PATNA

Criminal Miscellaneous No.2467 of 2017 Arising Out of PS.Case No. -15 Year- 2012 Thana -C.B.I CASE District- PATNA ====================================================== Atul Kumar, S/o Late Jugal Kishore Prasad, resident of Lane No. 2 Bank Colony, Gola Road, P.S.- Danapur, District- Patna. .... .... Petitioner

Versus

1. The Union of India through Central Bureau of Investigation, Patna.

2. The Punjab National Bank through the Chief Manager, Punjab National Bank, SME Branch, East Boring Canal Road, Patna. .... .... Opposite Parties ====================================================== Appearance :

For the Petitioner/s : Mr. Saket Tiwary For the Opposite Party/s : Mr. Bipin Kumar Sinha For C.B.I.

: Mr. Sanjay Kumar For PNB : Mr. Suresh Prasad Singh ====================================================== CORAM: HONOURABLE MR. JUSTICE RAJENDRA KUMAR MISHRA ORAL ORDER 07-02-2017 Heard learned counsel for the petitioner, learned counsel appearing on behalf of C.B.I, PNB and the learned A.P.P. for the State.

The petitioner is accused in connection with Special Case No. 8 of 2012 pertaining to RC0232012A0015 (RC No. 15(A)/2012, registered under Sections 120-B, 420, 409, 467, 468, 471 of the Indian Penal Code and Sections 13(2), 13(1),(c) and (d) of Prevention of Corruption Act.

The accusation is that petitioner being the Senior Manager of PNB, SME Branch, J.J. Complex, East Boaring Canal Road, Patna made recommendation for loan of Rs. Three

Patna High Court Cr.Misc. No.2467 of 2017 (2) dt.07-02-2017 2/2 crore to M/s Baseline Petroleum Ltd., who did not started to pay the installment in time. Thereafter, on verification the sale deed which was produced as collateral security was found fake. Learned counsel for the petitioner submits that petitioner is in custody since 10.11.2016 and Chargesheet has already been submitted in this case.

Having regard to the facts and the circumstances of the case, the petitioner, above named, is directed to be released on bail on furnishing bail bond of Rs.10,000/-(Rupees Ten Thousand) with two sureties of the like amount each to the satisfaction of the Special Judge, CBI-I, Patna in connection with Special Case No. 8 of 2012 pertaining to RC0232012A0015 (RC No. 15(A)/2012.

(Rajendra Kumar Mishra, J) manish/- U T