Citation : 2021 Latest Caselaw 8384 Ori
Judgement Date : 10 August, 2021
IN THE HIGH COURT OF ORISSA AT CUTTACK
BLAPL No. 3029 of 2020
Raghunath Behera .... Petitioner
Mr. R.K. Pattnaik, Advocate
-versus-
State of Odisha .... Opp. Party
Mr.A.K. Beura,
Addl. Standing Counsel
CORAM:
JUSTICE S.K. SAHOO
ORDER
Order No. 10.08.2021
10. This matter is taken up through Hybrid arrangement (video conferencing/physical Mode).
Heard learned counsel for the petitioner and learned counsel for the State.
This is an application under section 439 of Cr.P.C. in connection with G.R. Case No.2212 of 2019 arising out of Jagatpur P.S. Case No.369 of 2019 pending in the Court of learned J.M.F.C. (Rural), Cuttack for offences punishable under sections 420/468/294/506 of the Indian Penal Code and section 138 of the N.I. Act.
The petitioner moved an application for bail before the Court of learned Addl. Sessions Judge - cum- Addl. Special Judge (Vig.), Cuttack which was rejected on 17.03.2020.
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Learned counsel for the petitioner submitted that the petitioner was taken on remand in this case on 08.01.2020 and he has been charge sheeted under sections 420/468/294/506 of the Indian Penal Code and section 138 of the N.I. Act and the total amount of cheating involved in this case as per the charge sheet is Rs.30,00,000/- (Rupees Thirty Lakhs). The father of the petitioner has filed an affidavit indicating therein that the petitioner is ready and willing to deposit Rs.7,00,000/- (Rupees Seven Lakhs only) before the learned trial Court, at the time of his release on bail and the balance amount shall be deposited in equal installments.
Learned counsel for the State has no serious objection the averments made in the affidavit as well as the submission made by the learned counsel for the petitioner.
Considering the submission made by the learned counsel for the petitioner, the nature of accusation against the petitioner and since the offences are triable by Magistrate and taking into account the period of detention of the petitioner in judicial custody, I am inclined to release the petitioner on bail.
Let the petitioner be released on bail in the aforesaid case on furnishing bail bond of Rs.50,000.00 (rupees fifty thousand) with two local solvent sureties each for the like amount to the
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satisfaction of the Court in seisin over the matter with further terms and conditions as the learned Court may deem just and proper with further condition that the petitioner shall furnish cash security of Rs.7,00,000/- (rupees Seven lakhs) at the time of his release on bail and so far as the balance amount of Rs.23,00,000/- (Rupees Twenty Three Lakhs) is concerned, he shall give an undertaking to deposit the same in five equal monthly installment and the first installment shall commence a month after his release on bail. The cash security, if deposited, shall be kept in short term fixed deposit scheme in any Nationalized Bank which shall be renewed from time to time till conclusion of the trial and its disbursement shall be subject to the judgment of the learned trial Court and if the petitioner fails to deposit any of the installment in time, the learned J.M.F.C. (Rural), Cuttack is at liberty to cancel the order of bail and take the petitioner in judicial custody.
The BLAPL is accordingly disposed of. Urgent certified copy of this order be granted on proper application.
( S.K. Sahoo) Judge P
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