Full Judgment
M.Cr.C.No.2526/2013 22.3.2013 Shri Rahul Tripathi, Advocate for the applicant.
Shri R.K.Kesarwani, PL for the State.
This is the fiRs.bail application filed by the applicant under Section 439 of the Cr.P.C.for grant of bail.
The applicant is in custody since 14.2.2013 in connection with Crime No.34/2012 registered at P.S.Rampayali, District Balaghat for the offence punishable under Sections 420, 34 of the IPC and Sections 3, 4 of the M.P.Chit and Funds Parichalan Scheme Prohibition Act, 1978.
Learned counsel for the applicant submits that the applicant has been falsely implicated in the case.
The applicant is not the person who was running the Chit and Funds Scheme.
It is alleged against the applicant that he collected the amount from different persons and deposited the same in the account of the Scheme.
The applicant is in custody and trial would take considerable time to conclude, therefore, he be released on bail.
Learned counsel for State has opposed the application.
On due consideration of the contention 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, the application is allowed and it is directed that the applicant shall be released on bail on his furnishing a personal bond in a sum of Rs.30,000/- (Rs.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.
(G.S.Solanki) Judge PB