High Court Patna High Court - Orders

Surendra Prasad Singh @ Surendra … vs The State Of Bihar on 7 March, 2011

Patna High Court – Orders
Surendra Prasad Singh @ Surendra … vs The State Of Bihar on 7 March, 2011
                   IN THE HIGH COURT OF JUDICATURE AT PATNA
                                Cr.Misc. No.6823 of 2011
              SURENDRA PRASAD SINGH @ SURENDRA PRASAD SHARMA
                                            Versus
                                 THE STATE OF BIHAR
                                          -----------

2. 07.03.2011. Heard learned counsels for the

petitioner and the State.

The petitioner being the Godown

Manager of Biscomaun is apprehending his

arrest in a case registered under

Sections 420, 467, 468 and 471 of the

I.P.C.

                              It      is         alleged            that        Pacs

                   distributed       some       loan       amount    sanctioned

                   to the Co-operative Bank.

                              It    is    submitted          by    the     learned

                   counsel     for        the    petitioner             that    the

                   petitioner        was        not        the      sanctioning

                   authority        and        has     no        concern        with

distribution of loan amount. The case was

instituted in 1990 but still

investigation is not complete. The

impugned order reflects that the

petitioner has already retired in 2007.

                              Considering              the         fact         that

                   investigation          is    still       pending       and    the

petitioner has already retired, let the
2

petitioner above named be released on

bail in the event of arrest or surrender

before the learned court below within a

period of twelve weeks from today in

connection with Ishuapur P.S. Case No. 87

of 1992 on furnishing bail bond of Rs.

10,000/-(Ten Thousand)with two sureties

of the like amount each to the

satisfaction of the learned C. J. M.,

Saran at Chapra, subject to the

conditions as laid down under Section

438(2) of the Code of Criminal Procedure.

Learned court below will be at

liberty to cancel the bail bond of the

petitioner if the petitioner fails to

appear on three consecutive dates during

trial.

U. K. ( Dinesh Kumar Singh, J)