RANCHI, India, Nov. 19 -- Jharkhand High Court issued the following order on Oct. 29:
1. Heard learned counsels for petitioner and for State.
2. The petitioner is apprehending his arrest in connection with Bharno PS Case No.51 of 2025, for offence registered under section 316(2), 318(4) of BNS, 2023, pending in court of learned Additional Chief Judicial Magistrate, Gumla.
3. Learned counsel for petitioner submits that the informant has given Rs.73 lacs to invest in share market. He further submits that said amount was also invested in the share market and the petitioner has also returned Rs.13 lacs and odd to the informant. He then submits that agreement to that effect has also been entered into which is part of the FIR.
4. Learned State counsel opposes prayer and submits that Rs.73 lacs was taken by the petitioner for investing in share market.
5. Considering that for investment in the share market an agreement has been reached between the petitioner and the informant and the petitioner also invested the same in the share market, however, it has been pointed out that subsequently the loss has occurred and it has also been pointed out that a sum of Rs.13 lacs and odd has been returned to the informant by the petitioner, I am inclined to grant anticipatory bail to petitioner.
6. Accordingly, petitioner, above named, is hereby directed to surrender before learned court within three weeks from today, and in event of his surrender/arrest, petitioner, above named, shall be released on bail, on furnishing bail bond of Rs.25,000/- (Rupees Twenty Five Thousand), with two sureties of like amount each, to satisfaction of learned Additional Chief Judicial Magistrate, Gumla, in connection with Bharno PS Case No.51 of 2025, subject to the conditions as laid down under section 482(2) of Bhartiya Nagrik Suraksha Sanhita (BNSS), 2023.
Disclaimer: Curated by HT Syndication.
