SIDDHARTH MRIDUL
Rajat Sharma – Appellant
Versus
State of NCT of Delhi – Respondent
Siddharth Mridul, J.:--
1. The present is a petition under Section 439 CrPC, 1973 on behalf of the applicant/accused Rajat Sharma seeking bail in FIR No. 11/2014 registered at Police Station- EOW, Mandir Marg under Sections 406/420/120B IPC.
2. At the outset, it is noticed that the applicant has been in judicial custody since 02.11.2014 and that the subject charge-sheet has been filed on 29.12.2014 after thorough investigation.
3. Mr. Vikas Pahwa, learned senior counsel appearing on behalf of the applicant, has urged that there are no allegations against applicant, who was the Bank Manager, having accepted any illegal gratification. Further it is argued by Mr. Pahwa that there is no likelihood of the trial commencing at an early date since the CFSL report with respect to the gold deposit is still awaited. Furthermore it has been urged that the beneficiaries to the subject loans are yet to be charge-sheeted. Finally it is urged by Mr. Pahwa that the applicant has been in custody for a period of over five months and his two minor children aged about 10 and 3 years respectively are being subjected to undue harassment in the absence of their only bread earner.
4. On the contrar
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