AI Structured Summary
Not yet generated for this judgment
No AI summary yet
Generate an eight-section analysis of this judgment — facts, issues, reasoning, ratio and a plain-language gist.
Judgment
10 paragraphs · 553 wordsA.K. Mohapatra, J
This matter is taken up through Hybrid Arrangement (Virtual /Physical Mode).
2.Heard learned counsel for the Petitioner as well as learned Additional Standing Counsel for the State.
3.This is an application under Section 439 of the Code of Criminal Procedure filed by the Petitioner for bail in connection with Khandagiri PS case No.581/2023 corresponding to G.R. No. 1751/2023 pending in the Court of the learned J.M.F.C.-V, Bhubaneswar for alleged commission of offence under Section 420, 506 and 34 of I.P.C.
Learned counsel for the Petitioner submits that earlier this matter was not before any other Bench of this Court. It is submitted by the learned counsel for the petitioner that the petitioner was initially taken intocustody in connection with another case on 21.12.2023. He further contended that while he was in custody he has been taken on remand in the present case on 27.12.2023. Learned counsel for the petitioner further submitted that out of the misappropriate amount a sum of Rs.14,00,000/- has come to the account of the present petitioner. On instruction learned counsel for the petitioner submitted that the petitioner is ready and willing to return the money to the informant within a stipulated time. It was also contended that the petitioner is having only one criminal antecedent and that she belongs to the locality, therefore there is no chance of absconding. In such view of the matter, learned counsel for the Petitioner submitted that the Petitioner be released on bail on such terms and conditions as this Court deems fit and proper in the facts and circumstances of the case.
5.Learned Additional Standing Counsel on the other hand objected to the release of the petitioner on bail on the ground that the allegations made in the F.I.R. are very serious in nature. He further contended that in the event the petitioner is ready and willing to return the money then he will have no objection if the petitioner is released on interim bail subject to the condition that she shall impose deposit some money at that time of released on interim bail. Accordingly, it was prayed that the bail application of the Petitioner be rejected at this juncture.
6.Considering the submissions made by the learned counsels appearing for the parties, on a careful examination of the surrounding facts as well as materials on record, this Court is inclined to release the petitioner on interim bail for a period of two months on furnishing a bail bond of Rs.40,000/- (Rupees Forty thousand) with two local solvent sureties each for the like amount to the satisfaction of the learned court in seisin over the matter. Release of the petitioner shall also be subject to condition that the petitioner has initially returned a sum of Rs.5,00,000/- to the informant at the time of her release on bail. Thereafter, he shall arrange for payment of another Rs.5,00,000/- within eight weeks from the date of release on bail.
It is further made clear that the interim bail granted to the petitioner shall be subject to the condition that the petitioner shall refund the money as undertaken. Further the petitioner shall surrender positively on expiry of the interim bail and shall produce surrender certificate before Court below on the next date.
8.List this matter on 1st week of August, 2024.
..……………………………..
