TMI Blog2021 (5) TMI 562X X X X Extracts X X X X X X X X Extracts X X X X ..... time in conclusion of trial. The applicant has no criminal past, therefore, there is no possibility of his absconding or tampering with the evidence of prosecution witnesses. The offences alleged have not maximum punishment of more than 7 years imprisonment - The trial Court is also directed to keep the said amount in FDR Scheme at any nationalized Bank of locality. This order will remain operative subject to compliance of the conditions of depositing the amount as well as enumerated under section 437(3) Cr.P.C. by the applicants. Bail granted subject to conditions imposed - Jail Authority shall ensure the medical examination of the applicant by the jail doctor before his release. - MCRC-18522-2021 - - - Dated:- 4-5-2021 - RAJENDRA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e market and if the market is crashed, the applicant is not responsible for the same. Moreover, the applicant has not received the entire alleged sum and the amount received in his bank account, has been invested by him on behalf of the parties and he is ready to deposit the same under protest, therefore, the prosecution story is false and concocted. By no stretch of imagination, it can be inferred that applicant has misappropriated any amount. The applicant is also tried to settle the dispute amicably but the complainants are raising inappropriate demand. Co-accused has already been released on bail by the trial Court. Offence alleged has no maximum punishment of more than 7 years of conviction. Investigation is completed, charge-sheet has ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... estigation is completed, charge-sheet has been filed and on account of COVID-19 pandemic, there is every possibility of consuming time in conclusion of trial. The applicant has no criminal past, therefore, there is no possibility of his absconding or tampering with the evidence of prosecution witnesses. The offences alleged have not maximum punishment of more than 7 years imprisonment. Considering the aforesaid facts and circumstances of the case, I am inclined to grant bail to the applicant subject to depositing total amount of ₹ 17,00,000/- in three installments before the trial Court. The applicant shall deposit ₹ 8,00,000/- (Rupees Eight lakh) at the time of furnishing his bail bond and thereafter, he shall deposit r ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
