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Patna High CourtCR. MISC./60336/2019allowed

Pravin Kumar Singh v. The State Of Bihar Through Central Bureau Of Investigation, Patna, Bihar.

2019-11-21Mr. Justice Arvind Srivastava2 pages

IN THE HIGH COURT OF JUDICATURE AT PATNA

CRIMINAL MISCELLANEOUS No.60336 of 2019 Arising Out of PS. Case No.-1 Year-2017 Thana- C.B.I CASE District- Patna ====================================================== PRAVIN KUMAR SINGH Son of Ram Bharosha Singh Resident of Village - Mosadpur, P.O.- Tilrath, P.S.- Barauni, District - Begusarai ... ... Petitioner/s

Versus

1.

THE STATE OF BIHAR THROUGH CENTRAL BUREAU OF INVESTIGATION, PATNA, BIHAR.

2.

Chief Manager, Complaints and Risk Management SBI, Regional Business Office, Begusarai Bihar ... ... Opposite Party/s ====================================================== Appearance :

For the Petitioner/s :

Mr.Sarojanand Kumar For the Opposite Party/s :

Mr.Kaushlendra Kumar Sinha ====================================================== CORAM: HONOURABLE MR. JUSTICE ARVIND SRIVASTAVA ORAL ORDER 21-11-2019 Heard learned counsel for the petitioner and the learned A.P.P. for the State.

Petitioner seeks bail in a case registered for the offence punishable under sections 120B, 420, 467, 468 & 471 of the Indian Penal Code & Section 13(2) read with section 13(1) (d) of Prevention of Corruption Act, 1988.

Allegation has been made that the petitioner had taken loans of Rs. 3.74 crores from the Bank for the purchase of oil tankers (10 wheeler).

Learned counsel appearing for the petitioner has fairly submitted that the petitioner had taken loans of Rs. 3.74 crores from the Bank but he returned the same to the Bank. He further submits that the petitioner has been falsely implicated in this

Patna High Court CR. MISC. No.60336 of 2019(4) dt.21-11-2019 2/2 case. Petitioner is in custody since 19.08.2019. Considering the facts and circumstances of the case and the submissions advanced on behalf of the parties, let the petitioner, above named, be released on bail on furnishing bail bonds of Rs. 10,000/- (ten thousand) with two sureties of the like amount each to the satisfaction of learned Special Judge, CBI-1, Patna, in connection with Special Case No. 47 of 2018, (RC No. 1 (S)/2017).

(Arvind Srivastava, J) Ranjeet/- U T