JUDGMENT

Kuldip Singh, J. - The Director, Information and Publicity, Punjab, lodged a First Information Report against the appellant under Section 406 and 420 Indian Penal Code. The at legations against him are that the Punjab Government, at the request of the appellant, gave a guarantee to the Central Bank of India, Mahatma Gandhi Road, Bombay regarding the repayment of principal sum of Rs. 10 lacs, to be advanced by the said bank to the appellant, along with the interest, commissions, costs, charges. and expenses which may be recoverable by the said bank from the appellant. On the basis of the said guarantee, it is alleged that the bank advanced Rs. 10 lacs to the appellant on July 4, 1968 for the production of his film "HEER RANJHA". It was further alleged that as per the agreement executed by the appellant with the Punjab Government it was stipulated that the entire amount of income, from the said film, received or realised by him or his agents, shall be deposited in a joint account, to be opened in the joint names of the appellant and the Punjab Government as a trust for the repayment of the above said loan. The appellant also undertook that the amount deposited in the joint ac