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Madhya Pradesh High Court · body

2014 DIGILAW 1424 (MP)

Mohd. Israil v. State of M. P.

2014-11-05

G.S.SOLANKI

body2014
JUDGMENT : This is the first application filed by the applicant under Section 439 of the Cr.P.C. for grant of bail. The applicant is in custody since 7.10.2014 in connection with Crime No. 335/2014 registered at P.S. City Kotwali, District Chhatarpur for the offences punishable under Sections 418, 420, 406, 120-B, 467 and 468 of the IPC. 2. As per prosecution, it is alleged against the applicant that he has obtained a loan of Rs. 2,98,000/- from the ICICI Bank, Chhatarpur Branch on the basis of fake golden ornaments. 3. Learned counsel for the applicant has submitted that the applicant has been falsely implicated in this case. The applicant is ready to deposit 50% of the loan amount. The applicant is in custody and trial would take considerable time to conclude, therefore, he be released on bail. Learned counsel for State and the objector have opposed the application. 4. On due consideration of the contentions raised by the learned counsel for the parties and overall facts and circumstances of the case, I am of the considered view that it is a fit case to release the applicant on bail, therefore, without expressing any view on the merits of the case, this application is allowed and it is directed that the applicant shall be released on bail subject to his depositing 50% of the loan amount i.e. Rs.1,49,000/- with the ICICI Bank, Chhatarpur Branch, showing the receipt of the same and on furnishing a personal bond in a sum of Rs.30,000/- (Rupees Thirty Thousand only) with one surety in the like amount to the satisfaction of the committal Court/trial Court for securing his presence before the said Court on all the dates of hearing fixed in this regard during trial. Certified copy as per rules.