High Court Patna High Court - Orders

Subodh Prasad Kumar vs State Of Bihar on 16 March, 2011

Patna High Court – Orders
Subodh Prasad Kumar vs State Of Bihar on 16 March, 2011
                       IN THE HIGH COURT OF JUDICATURE AT PATNA
                                         Cr.Misc. No.16093 of 2009
                       Malvinder Singh, S/o Jagjit Singh, resident at 106, Aranya
                       Vihar, Boring Road, P.S. S. K. Puri, District-Patna, at
                       Present working as Chief Manager, Circle Officer, Punjab
                       National Bank, Chankaya Tower, "R Block", Patna.
                                                                 .......Petitioner.
                                                      Versus
                       The State of Bihar. .........................Opposite Party.
                                                       with
                                        Cr.Misc. No.16116 of 2009
                       Shailendra Kishore Sharma, son of Sri Awadh Kishore
                       Sharma, resident of Village- Dighra, P.S. Pusa, District-
                       Samastipur. .........................................Petitioner.
                                                      Versus
                       The State of Bihar ............................Opposite Party.
                                                       with
                                        Cr.Misc. No.34077 of 2009
                      Subodh Prasad Kumar, son of Late Arjun Kumar, resident
                      of Road No. O Shivpuri, Near Gandhi Murti, P.S.Shatri
                      Nagar, District- Patna. ............................Petitioner.
                                                      Versus
                     The State of Bihar. .............................Opposite Party.
                                                       with
                                        Cr.Misc. No.23323 of 2009
                     Md. Shaique Hussain, son of Late Riyayat Hussain, resident
                     of Village- Yogendra, Police Station- Jokihat, District
                     Araria, presently residing at- Harun Nagar Federal Colony,
                     Sector- II, Police Station- Phulwarisharif, posted as Manager,
                     Routine, Punjab National Bank, Exhibition Road Branch,
                     Patna. ................................................Petitioner.
                                                      Versus
                     The State of Bihar .................................Opposite Party.

                     For the Informant, H.D.F.C. :- Mr. Akhileshwar Prasad
                                                    Singh, Sr. Advocate.
                                                    Mr. Girijesh Kumar, Advocate.
                     For the State              :- Mr. Dilip Kumar Sinha,A.P.P.
                                                    Mr. B. P. Singh, A.P.P.
                                                   -----------

24. 16. 3. 2011. Heard learned counsel for the petitioners and

learned counsel for the State.

2. The petitioners are apprehending their arrest

in connection with Gandhi Maidan P.S. Case No. 346 of
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2008, registered under Sections 409, 420, 120 (B) and 201

of the Indian Penal Code.

3. The four anticipatory bail petitions have been

heard together and being disposed of by a common order

as all the four bail petitions arising out of Gandhi Maidan

P.S. Case No. 346 of 2008.

4. The prosecution case as alleged that main

branch of H.D.F.C. has a current account in the Punjab

National Bank, Exhibition Road Branch linked with the

currency chest. The cash used to be deposited through

authorised agency M/S Securitrans India Pvt. Ltd. a

secured cash remitter. On 19. 09. 2008, the H.D.F.C.

Branch remitted Rs. 4.70 crores through M/S Securitrans

India Pvt. Ltd. to the Punjab National Bank, but only Rs.

1.70 crores credited on different dates from 20. 09. 2008 to

03. 10. 2008 and rest was not credited. Again on 21. 10.

2008, Rs. 4.90 crores deposited through M/S Securitrans

India Pvt. Ltd. with specified denomination, the Head

Cashier received the amount but has not credited and Rs.

7.90 crores has been fraudulently misappropriated in

conspiracy with others.

5. The learned counsel for the petitioner of Cr.
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Misc. No. 16093 of 2009 submits that petitioner had no

concern with deposit at Punjab National Bank, Exhibition

Road Branch as he was not posted at that Branch, but went

to Punjab National Bank, Exhibition Road Branch for the

first time on 21. 10. 2008 on direction of Circle head on

intimation about shortage of currency chest. There is no

pay-in-slip issued by Head Cashier for alleged deposit and

receipt of payment on forwarding letter is not permissible

so the official of Punjab National Bank has been falsely

implicated.

6. Learned counsel for the petitioner of Cr.

Misc. No. 16116 of 2009 submits that no act of

commission or omission has been alleged against the

petitioner Mr. Shailendra Kishore Sharma and this

petitioner only went with Mr. Malvinder Singh at his

request to Punjab National Bank Branch on 21. 08. 2008.

7. The learned counsel for the petitioner in Cr.

Misc. No. 34077 of 2009 submits that the petitioner Mr.

Subodh Prasad Kumar not posted at Punjab National

Bank, Exhibition Road Branch of current banking system

but was posted as Chest Officer R.B.I. current chest within

Punjab National Bank, Exhibition Road Branch and is
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separate Section where certain percentage of deposit

amount in Punjab National Bank are to be transmitted and

hence no concern with receipt of money by Head Cashier

of the Bank.

8. Learned counsel for the petitioner of Cr.

Misc. No. 23323 of 2009 submits that petitioner Md.

Shaique Hussain joined as a Routine Manager and is

Incharge of routine work. However, he held the chest key

jointly of the Chest Officer and the Chest Officer and

Cashier are only persons incharge of receiving and

divesting in cash surplus.

9. Learned counsel for the State and learned

counsel for the H.D.F.C. referred paragraphs 57, 66, 69,

130, 131, 140, 162, 165, 167, 168 and 170 of the case

diary and submits that account of H.D.F.C. has its current

account with currency chest facility and Rs. 4.70 crores

and Rs. 4.90 crores was received on 19. 09. 2008 and 21.

10. 2008 respectively through M/S. Securitrans Pvt. Ltd.

by Shri R. K. Narayan, Head Cashier, Punjab National

Bank and issued receipt on forwarding letter as usual. The

delay in crediting the cash is well founded on earlier

communication between Punjab National Bank and
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H.D.F.C. and further crediting of money in account of

H.D.F.C. in Punjab National Bank in between 20.09.2008

to 29. 09. 2008 to extent of Rs. 1.70 crores when no

money deposited in between establish the deposits of

money by H.D.F.C. on 19.09.2008. The case diary further

shows the Audit Inspector found deficiency in currency

chest to the tune of Rs. 4.49 crores and odd and on his

intimation Mr. Malvinder Singh and other sent on

21.10.2008 when deficiency in currency chest was

fulfilled by the money sent by H.D.F.C received by Shri

R. K. Narayan, Head Cashier on 21.10.2008 and was

misappropriated to fulfill the deficit in chest in conspiracy

with Mr. Malvinder Singh amd Mr. Shailendra Kishore

Sharma and others present at the Punjab National Bank on

21.10.2008 followed with cutting in chest register about

the denomination of currency note.

10. Hence having regard to the submission and

going through the case diary and paras referred by the

State and counsel for H.D.F.C. there is prima facie

material too suggest that Rs. 4.70 crores and Rs. 4.90

crores received by Shri R. K. Narain on 19.09. 2008 and

21.10.2008 and during the audit inspection, the Auditor
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found a deficient of Rs. 4.49 crores and odd in currency

chest and said deficiency fulfilled by misappropriating the

amount sent by H.D.F.C. which could well be inferred by

cutting in the register of currency chest in presence of the

petitioners who were present in Punjab National Bank,

Exhibition Road Branch since 3 P.M to 9 P.M. on 21.

10.2008 and hence their involvement may not be ruled out.

11. Hence having regard to the facts and

circumstances of the case, since the matter concerned with

defalcation and misappropriation of huge amount of

Government money, hence I am not inclined to grant bail

to these petitioners. Hence, the anticipatory bail petitions

of these petitioners are hereby dismissed.

m.p.                         ( Gopal Prasad, J.)