Moti Prasad v. The State Of Bihar

Patna High Court Cr.Misc. No.35754 of 2015 (3) dt.15-12-2015

IN THE HIGH COURT OF JUDICATURE AT PATNA

Criminal Miscellaneous No.35754 of 2015 Arising Out of PS.Case No. -318 Year- 2014 Thana -MUFFASIL DistrictWESTCHAMPARAN(BETTIAH) ======================================================

1. Moti Prasad S/o Sheo Shankar Rai, R/o Village Bhushani, P.S.- Buchahan, District- Muzaffarpur .... .... Petitioner/s

Versus

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

For the Petitioner/s : Mr. Subodh Kumar Mishra For the Opposite Party/s : Mr. R.B.Roy Raman(App) ====================================================== CORAM: HONOURABLE JUSTICE SMT. ANJANA MISHRA ORAL ORDER 15-12-2015 Heard learned Counsel for the petitioner and learned Counsel appearing on behalf of the State.

Learned Counsel for the petitioner submits that both the petioner and the complainant are agents of the same company and they had both participated in deposit of money, which is sought to be refunded by the company to the investors. He further submits that the matter has now been placed before the Securities & Exchange Board of India (SEBI), which is taking appropriate action in the matter and the interest of all the investors shall be taken care of under the guidance of SEBI. Considering the aforementioned facts and circumstances, let the petitioner above named, in the event of his arrest or surrender before the court below within a period of

Patna High Court Cr.Misc. No.35754 of 2015 (3) dt.15-12-2015 four weeks from the date of receipt/production of a copy of this order, be enlarged on bail on furnishing bail bonds of Rs. 10,000/- (Rs. Ten Thousand) with two sureties of like amount each to the satisfaction of the learned Chief Judicial Magistrate in connection with Bettiah Mufassil P.S. Case No. 318 of 2014, subject to the conditions as laid down under Section 438(2) of the Cr.P.C.

(Anjana Mishra, J) sunil/- U T