Patna High CourtCR. MISC./45572/2016bail granted

Abhimanyu Singh @ Avimanu Singh v. The State Of Bihar

2016-12-20Mr. Justice Hemant Kumar Srivastava2 pages

Patna High Court Cr.Misc. No.45572 of 2016 (3) dt.20-12-2016

IN THE HIGH COURT OF JUDICATURE AT PATNA

Criminal Miscellaneous No.45572 of 2016 Arising Out of PS.Case No. -9 Year- 2016 Thana -ECONOMIC OFFENCES, BIHAR DistrictPATNA ======================================================

1. Abhimanyu Singh @ Avimanu Singh S/o Shri Kashinath Singh Resident of Village- Chakri, P.O.- Nandpur Amawari, P.S.- Andar, District- Siwan. .... .... Petitioner/s

Versus

1. The State of Bihar .... .... Opposite Party/s ====================================================== Appearance :

For the Petitioner/s : Mr. Sanjeev Kumar For the EOU : Mr. Akhileshwar Pd. Singh For the State : Smt. Asha Devi ====================================================== CORAM: HONOURABLE MR. JUSTICE HEMANT KUMAR SRIVASTAVA ORAL ORDER 03/ 20.12.2016 Heard learned counsel for the petitioner as well as learned Addl. Public Prosecutor for the State.

Petitioner seeks bail in a case registered under sections 419, 420, 467, 468, 471 and 120B of the Indian Penal Code. Petitioner was working as senior branch manager of Khaira branch as well as Anisabad branch of Gab Rural Credit cooperative society limited and allegation against the petitioner as well as other accused is that they got open the above stated branches without any valid licence for running branches of the aforesaid cooperative society and furthermore, they also got collected huge amount from investors with an intent to cheat them.

Submission on behalf of the petitioner is that even if the prosecution story assumed to be true, then also, petitioner happens to a salaried employee of the aforesaid cooperative society and he had no

Patna High Court Cr.Misc. No.45572 of 2016 (3) dt.20-12-2016 authority to open any branch and moreover, having similar allegation one co-accused Ram Surat Singh @ Ramasurat Singh has already been granted privilege of bail by a coordinate bench of this court. Considering the aforesaid facts and circumstances as well as submissions of the parties, let the petitioner be released on bail on furnishing bail bonds of Rs 10,000/- with two sureties of the like amount each to the satisfaction of the Sub divisional Judicial Magistrate, Patna in Economic Offence P.S. Case no. 09/2016. shahid (Hemant Kumar Srivastava,J) U T