This application under Section 439(2) of the Cr. P. C. has been filed by U.T.C. Management Pvt. Ltd. praying for cancellation of bail granted to the opposite party No.2 Somnath Mukherjee on 8.6.2011 by the learned Chief Judicial Magistrate, 24Paraganas, South at Alipore in connection with Chetla Police Station Case No.120 of 2010 dated 9.11.2010.

2. The petitioner filed a petition of complaint in the Court of the learned Chief Judicial Magistrate, 24-paraganas, South, Alipore on 12.10.2010 against the opposite party No.2, Somnath Mukherjee andone Arif Bashir Iqbal for prosecuting them under Section 406/419/420/468/471/120B of the I.P.C. The said petition of complaint was sent to the local Police Station under Section 156 (3) of the Cr. P. C. by the learned Magistrate and accordingly, Chetla Police Station Case No.120 of 2010 dated 9.11.2010 was startedunder the abovementioned sections against the two accused personsincluding the opposite party No.2.

3. The opposite party no.2 was arrested by the investigating agency and produced before the learned Magistrate on 31.5.2011. On the prayer of the I.O. of the case, he was remanded to police custodyinitially till 4.6.2011 and th