TMI BlogOrissa HC grants bail to bank defaulter with unusual condition: Clean bank premises for 2 monthsX X X X Extracts X X X X X X X X Extracts X X X X ..... Orissa HC grants bail to bank defaulter with unusual condition: Clean bank premises for 2 months X X X X Extracts X X X X X X X X Extracts X X X X ..... of Justice SK Panigrahi, who directed city resident Manogyan Patnaik to clean ICICI Bank’s Link Road Branch everyday from 8 AM to 10 AM for a period of two months. Patnaik had been in custody since her arrest on February 5 by the Economic Offences Wing (EOW) of the State Crime Branch. She was accused of fraudulently availing multiple loans from ICICI Bank and Indian Bank by mortgaging the same r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... esidential property multiple times, and later selling the mortgaged property to another person, who also took a loan on it via an internal balance transfer. Without going into the merits of the case, Justice Panigrahi allowed the bail application of Patnaik and directed that the petitioner be released on bail with some stringent terms and conditions as deemed just and proper by the trial court al ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ong with the conditions set by the High Court. The HC in its order has asked the petitioner not to indulge in any criminal offence while on bail and should not tamper with the evidence of the prosecution in any manner. "The petitioner shall approach the ICICI Bank and clean the bank premises", the order said, adding that the violation of the conditions shall entail cancellation of the bail. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... HC has also asked the local police, in coordination with the bank authorities, to monitor whether the petitioner is adhering the bail conditions or not. PTI COR AAM AAM MNB X X X X Extracts X X X X X X X X Extracts X X X X
|