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2023 Supreme(Jhk) 614

PRADEEP KUMAR SRIVASTAVA
Ritu Ritolia – Appellant
Versus
State of Jharkhand – Respondent


Advocates:
Advocate Appeared:
For the Petitioner: R.S. Mazumdar.
For the Respondents: Priya Shrestha, Vimal Kirti Singh, Manjusha Priya, Ujjal Choudhary.

ORDER :

1. Heard learned counsel for the parties.

2. Apprehending her arrest in connection with C.P. Case No. 5239 of 2022 instituted under Sections 467, 468 and 420 of the Indian Penal Code, the petitioner has moved this Court for grant of privilege of anticipatory bail.

3. As per complaint petition, the complainant is retired businessman and was director of two private limited companies M/s Mars Mercantile Pvt. Ltd. and M/s. Pre Stressed Udyog (India) Pvt. Ltd. incorporated under companies Act, 1956 which was engaged in manufacturing High Tension wire and railway sleepers. The complainant and his other family members were share-holders of the said companies decided to sell the companies and entered into an agreement with co-accused Dinesh Pradhan and Mahesh Pradhan for purchasing 100% shares of the said companies for valuable consideration of Rs. 17.45/- (Seventeen crore and forty five lakhs only) and another agreement of share purchase of M/s Mars Mercantile Pvt. Ltd. was also executed on the same day with Pradhan Brothers for sum of Rs. 15.50 crores (Fifteen crore and fifty lakhs only). It is further alleged that the complainant was induced to resign from the directorship of both

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