Madhya Pradesh High Court

MCRC/47564/2020 of SANJAY AGRAWAL Vs THE UNION OF INDIA on 31 December 2020

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Court Of Madhya PradeshThe High Court Of Madhya Pradesh MCRC-47564-2020

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The High Court Of Madhya PradeshMCRC-47564-2020

(SANJAY AGRAWALVs THE UNION OF INDIA)

[31][-][12][-][2020]Jabalpur, Dated :

Heard through Video Conferencing.

Shri Manish Datt, learned Senior Advocate with Shri Mayank Sharma,Advocate for the applicant-accused.

Shri J.K. Jain, learned Assistant Solicitor General for therespondent/State.

Heard.

This is first application filed by the applicant/accused under section438 of Cr.P.C. for grant of anticipatory bail, apprehending his arrest inconnection with Crime No.RC0082018A0008//CBI/BPL registered at PoliceStation CBI, ACB, Bhopal for the offences under sections 120-B, 420, 467,468 and 471 of the IPC and sections 13(1)(d) read with 13(2) of thePrevention of Corruption Act.

T h e allegation against the applicant-accused is that he was anauthorized valuer of the Punjab National Bank, who dishonestly andfraudulently evaluated the value of property on the basis of forged documentsin higher side with a view to facilitate it and credit limit from bank.

It is submitted that the applicant is innocent. He has co-operated in theinvestigation and he was not arrested during the investigation. Charge sheethas been filed and the trial Court has issued an arrest warrant against theapplicant, therefore, he has apprehension to be arrest. The trial will take time.The applicant has no criminal antecedent. There is no likelihood of hisabsconding or tampering with the prosecution evidence. Hence, the applicantbe enlarged on anticipatory bail.

Learned Assistant Solicitor General opposing the submissions made onbehalf of the applicant has prayed for rejection of the anticipatory bailapplication.

Having considered the contentions of learned counsel for the parties, in Signature NotSANVerified view of this Court, no purpose would be served to arrest the applicant and hehas no criminal antecedent, without commencing anything on the merits of thecase, this application is allowed and it is ordered that the applicant-accusedSanjay Agrawal shall appear at the concerned police station within 15 daysfrom today and if he is arrested by the Investigating officer, he shall bereleased on bail on furnishing a bail bond and surety bond for a sum ofRs.40,000/- (Rs. Forty Thousand only) to the satisfaction of the Arrestingauthority. If he fails to do so, the effect of this order shall be vacatedautomatically.

The applicant-accused is directed to join the investigation immediately andfully co-operate with the investigation. He shall further abide by the otherconditions enumerated in sub-section (2) of Section 438 of Cr.P.C.

Certified copy as per rules.

(J. P. GUPTA)V. JUDGE

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