Sidhharth Singla v. State Of Punjab

TAPINDER SINGH MANN 2016.03.22 17:22 IN THE HIGH COURT FOR THE STATES OF PUNJAB AND HARYANA AT CHANDIGARH.

Cr. Misc. M 5982 of 2016 Date of decision:- 22.3.2016 Sidhharath Singla Petitioner vs.

State of Punjab Respondent

Present:

Mr. Roopak Bansal, Advocate.

Mr. KS Pannu, DAG, Punjab.

M.M.S.BEDI,J.

The petitioner seeks the concession of regular bail in a case registered at the instance of Brij Bhushan alleging that the petitioner in connivance with other co-accused had duped him for a sum of Rs. 1.90 crores by fabricating sale agreement dated 4.4.2011. counsel for the petitioner submits that as a matter of fact the petitioner had received a sum of Rs.10 lacs from the complainant and that in order to pressurize the petitioner, the amount was exaggerated in the FIR. The petitioner has offered to return Rs. 10 lacs, to which he claims that he has borrowed the same. Since challan has already been presented and the petitioner has offered to return a sum of Rs. 10 lacs, without prejudice to the rights of the parties, I deem it appropriate to grant the concession of bail to the petitioner subject to petitioner depositing a sum of Rs.

10 lacs with the investigating officer, in the shape of bank draft, in the name of the complainant. It will be open to the investigating officer to hand over the said bank draft to the complainant Brij Bhushan without prejudice to the rights of the parties. The petitioner has been in custody since 28.7.2015. No useful purpose will be served by keeping the petitioner in custody during the entire period of trial.

The petition is allowed and the petitioner is ordered to be released on bail on his furnishing bail bonds/ surety bonds to the satisfaction of the trial court, subject to petitioner paying a sum of Rs.10 lacs to the complainant, as mentioned herein above . March 22 ,2016 ( M.M.S.BEDI ) TSM JUDGE