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Patna High CourtCR. MISC./1325/2025bail granted

Kriti Bhushan Kumar v. The State Of Bihar

2025-01-31Mr. Justice Sandeep Kumar3 pages

IN THE HIGH COURT OF JUDICATURE AT PATNA

CRIMINAL MISCELLANEOUS No.1325 of 2025 Arising Out of PS. Case No.-121 Year-2023 Thana- SAMASTIPUR District- Samastipur ====================================================== Kriti Bhushan Kumar Son of Ranjeet Kumar Mahto Resident of VillageMahanpur Ward No.- 2, PS- Khodawandpur, Distt.- Begusarai (Bihar) ... ... Petitioner/s

Versus

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

For the Petitioner/s :

Mr. Madhav Kumar, Advocate For the Opposite Party/s :

Mr. Md. Shakir Ahmad, APP ====================================================== CORAM: HONOURABLE MR. JUSTICE SANDEEP KUMAR ORAL ORDER 31-01-2025 Heard learned counsel for the petitioner and learned A.P.P. for the State.

2. The petitioner apprehends arrest in connection with Samastipur Town P.S. Case No. 121 of 2023 instituted under Sections 420, 467, 468, 419 and 120B of the Indian Penal Code.

3. The petitioner is alleged to have furnished fake gold ornaments worth Rs. 8,40,600/- in the Axis Bank for obtaining loan.

4. Learned counsel for the petitioner has denied the allegation and has submitted that without accepting the guilt, the petitioner is ready to pay the amount i.e., approx Rs. 10,50,000/- (including interest) to Axis Bank, Samastipur Branch for the purpose of bail.

Patna High Court CR. MISC. No.1325 of 2025(3) dt.31-01-2025 2/3

5. In view of the fact that the petitioner is ready to pay the amount of loan to the Bank, this application for anticipatory bail is allowed.

6. Accordingly, let the petitioner, above named, in the event of arrest or surrender before the Court below within four weeks from today, be released on provisional anticipatory bail upon furnishing bail bonds of Rs.10,000/- (ten thousand) with two sureties of the like amount each to the satisfaction of the learned Chief Judicial Magistrate, Samastipur/concerned Court below in connection with Samastipur Town P.S. Case No. 121 of 2023, subject to the conditions laid down in Section 438(2) of the Code of Criminal Procedure, 1973.

7. On the date on which the petitioner furnishes his bail bonds, he shall produce a demand draft of Rs. 1,25,000/- in the name of the Bank in question and only after furnishing the demand draft of Rs. 1,25,000/-, he shall be granted provisional anticipatory bail by the Court below. Thereafter, the petitioner will pay the balance amount in six equal installments in the next six months.

8. After the entire amount of Rs. 10,50,000/- is paid, the provisional anticipatory bail granted to the petitioner shall be confirmed by the Court below.

Patna High Court CR. MISC. No.1325 of 2025(3) dt.31-01-2025 3/3

9. If the petitioner fails to pay the entire amount, as stated above, the provisional anticipatory bail granted to the petitioner shall be cancelled by the Court below. (Sandeep Kumar, J) Shishir/- U T