Gaurav Bhandari @ Monu v. State Of Punjab




    
    

   Date of decision: 22nd April, 2015  Gaurav Bhandari @ Monu

Petitioner

Versus

State of Punjab

Respondent  !  "#  $
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 1.

Whether Reporters of Local Newspapers may be allowed to see the judgment?

2.

Whether to be referred to the Reporters or not? 3.

Whether the judgment should be reported in the Digest?

Present:

Mr. Prateek Pandit, Advocate for the petitioner.

Mr. C.S. Brar, Addl. Advocate General, Punjab.

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#  In this second regular bail petition of the petitioner namely Gaurav Bhandari @ Monu in case FIR No.26 dated 12.03.2014 registered at Police Station Subhanpur, District Kapurthala under Sections 420/406/1207B IPC and sections 65/66/667A/667C/667D/667E of Information & Technology Act, 2000, the allegations are that he along with his co7accused has managed to withdraw fraudulently a sum of
16.50 lacs from the two Bank accounts of Navdeep and Maninder Singh pertaining to ICICI and HDFC Banks. RATTAN PAL SINGH 2015.04.23 17:25 I attest to the accuracy and authenticity of this document Punjab & Haryana High Court

  

 Learned counsel for the petitioner has placed on record original receipt issued by the Judicial Magistrate 1st Class, Kapurthala regarding deposit of an amount of
1.50 lacs, and thus, it is accepted that in total a sum of
5.00 lacs stands deposited. It is argued by the learned State counsel that in all there are 9 accused and that proclamation proceedings are pending against 3 accused who are yet to be arrested, reflects that conclusion of trial will certainly take a long time and in view of the bona fide shown by the petitioner by depositing a sum of
5.00 lacs, however without adverting onto the merits of the case, this Court is of the opinion that further detention of the petitioner in the present case is not warranted. Accordingly, he is ordered to be released on regular bail subject to two sureties of heavy amount to the satisfaction of the Chief Judicial Magistrate/Duty Magistrate.

The present petition stands disposed off accordingly.

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 RATTAN PAL SINGH 2015.04.23 17:25 I attest to the accuracy and authenticity of this document Punjab & Haryana High Court