Pravin Kumar Singh v. The State Of Bihar Through Central Bureau Of Investigation, Patna And ANR
IN THE HIGH COURT OF JUDICATURE AT PATNA
Criminal Miscellaneous No.75231 of 2018 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 VillageMosadpur,P.O. Tilrath,P.S. Barauni Refinery (O.P.) Distt.-Begusarai ... ... Petitioner/s
Versus
1. The State of Bihar Through Central Bureau of Investigation, Patna
2. Shree James Binod Dodrai Son of Nicodian Dodari,Chief Manager,Complaints and Risk Management,SBI,Regional Buisness Office,Begusarai Resident of Flat No.102,Anugrah Enclave,Naya Toli,Old H.B.Road,P.S. Ranchi,Ranchi(Jharkhand) ... ... Opposite Party/s ====================================================== Appearance :
For the Petitioner/s :
Mr. Mritunjay Kumar, Advocate For C.B.I.
:
Mr. Sanjay Kumar, Advocate For the S.B.I.
:
Mr.Kaushlendra Kumar Sinha, Advocate ====================================================== CORAM: HONOURABLE MR. JUSTICE RAJEEV RANJAN PRASAD ORAL ORDER 21-12-2018 Heard learned counsel for the petitioner, learned counsel for the Central Bureau of Investigation and learned counsel representing the State Bank of India. The petitioner apprehends his arrest in connection with F.I.R. No. RC0932017S0001 dated 21.03.2017 registered by CBI EOW, Ranchi, bearing Special Case No. 47 of 2018 (RC No. 01(S)/17) under Section 120B read with 420, 467, 468 and 471 of the Indian Penal Code and Section 13(2) read with 13 (1) (d) of the Prevention of Corruption Act, 1988. Learned counsel for the petitioner has drawn attention of this Court towards the allegation made in the first information report. According to the allegation, the petitioner entered into a
Patna High Court Cr.Misc. No.75231 of 2018(2) dt.21-12-2018 2/2 criminal conspiracy with certain other persons named in the report and obtained a term loan of Rs. 3.74 Crores from SBI, SME Barauni Fertilizer Township Branch through fraudulent means and on the basis of fake documents for purchase of 15 Oil Tankers.
Learned counsel for the petitioner submit that the petitioner is in the process of settlement of loan amount with the Bank and a substantial amount has already been refunded so far. Learned counsel representing the C.B.I. and S.B.I. have jointly opposed the prayer of anticipatory bail. It is submitted that the petitioner happens to be the conspirator of the alleged fraud.
In the given facts and circumstances of the case where allegations are that the petitioner had availed huge amount of term loan by fraudulent means and on the basis of fake documents, I am not inclined to grant privilege of anticipatory bail to the petitioner.
This application is accordingly, dismissed.
(Rajeev Ranjan Prasad, J) avin/- U T