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2021 (9) TMI 85 - HC - Indian LawsSeeking grant of anticipatory Bail - Dishonor of cheque - applicant is ready and willing to abide by all the conditions including imposition of conditions with regard to powers of Investigating Agency - offenses punishable under Sections 406, 420, 120(B), 114 of the Indian Penal Code and under Sections 3 and 4 of the Gujarat Protection of Interest of Depositors Act, 2003 - HELD THAT:- Perusing the material placed on record and taking into consideration the facts of the case, nature of allegations, gravity of offences, role attributed to the accused, without discussing the evidence in detail, at this stage, the anticipatory bail is granted to the applicant. This Court has also taken into consideration the law laid down by the Hon'ble Apex Court in the case of SIDDHARAM SATLINGAPPA MHETRE VERSUS STATE OF MAHARASHTRA AND OTHERS [2010 (12) TMI 1085 - SUPREME COURT], wherein the Hon'ble Apex Court reiterated the law laid down by the Constitution Bench in the case of GURBAKSH SINGH SIBBIA VERSUS STATE OF PUNJAB [1980 (4) TMI 295 - SUPREME COURT] to hold that No hard and fast rules can be laid down in discretionary matters like the grant or refusal of bail, whether anticipatory or otherwise. No such rules can be laid down for the simple reason that a circumstance which, in a given case, turns out to be conclusive, may have no more than ordinary signification in another case. The present application is allowed. The applicant is ordered to be released on bail in the event of his arrest on executing a personal bond of ₹ 10,000/- with one surety of like amount on the conditions imposed.
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