Uttarakhand High Court
BA1/1970/2025 on 24 February, 2026
2024:UHC:9721
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BA1 No.1970 of 2025
Hon'ble Alok Mahra, J.
Mr. Siddharth Bankoti, Advocate for the applicant.
Mr. Prabhat Kandpal, Brief Holder for the State of Uttarakhand.
2. This first bail application has been moved by the applicant seeking regular bail in F.I.R./Case Crime No.315 of 2024, under Section 409, 420 & 120-B I.P.C. and Section 3 of Uttarakhand Protection of Interests of Depositors (In Financial Establishments) Act, 2005, registered at P.S. Transit Camp, District Udham Singh Nagar.
3. Learned counsel for the applicant submits that applicant has falsely been implicated in the instant crime and is languishing in jail since 10.07.2024. It is contended by learned counsel for the applicant that co-accused, namely, Sameer Kumar alias Sameer Kumar Srivastava has already been granted anticipatory bail by Coordinate Bench of this Court in ABA No.1212 of 2024 vide order dated 05.12.2024. He submits that in case, the applicant is granted bail, he will not misuse the same and will furnish the bail surety as per the satisfaction of this Court.
4. Learned State Counsel has vehemently opposed the prayer for bail.
5. Considering the submission of learned counsel for the parties and without expressing any opinion as to the 2024:UHC:9721 final merits of the case, this Court is of the view that applicant deserves bail at this stage.
6. The bail application is allowed.
7. Let the applicant, namely, Gyanesh Pathak be released on bail, on executing personal bond and furnishing two reliable sureties, each of like amount, to the satisfaction of Court concerned.
(Alok Mahra, J.) 24.02.2026 Arpan ARPAN Digitally signed by ARPAN JAISWAL DN: c=IN, o=HIGH COURT OF UTTARAKHAND, ou=HIGH COURT OF UTTARAKHAND, 2.5.4.20=eabb68a3895e41937c266c23964c0485365445e 3a20dddb7393398f9fe45ba3e, postalCode=263001, JAISWAL st=UTTARAKHAND, serialNumber=060FC17022BEAE3DE215D68D9D454C510 9CB987446351E4DF04AADAA2C2CEA66, cn=ARPAN JAISWAL Date: 2026.02.24 17:53:11 +05'30' 2024:UHC:9721