JUDGMENT :

HON’BLE MR. JUSTICE SUJIT NARAYAN PRASAD

1. The instant application has been filed under Section 439 and 440 of the Code of Criminal Procedure, 1973 praying for grant of bail in ECIR Case No.01 of 2023 [arising out of ECIR/RNZO/18/2022 dated 21.10.2022 arising out of Bariatu P.S. Case No.141 of 2022] for offences punishable under Section 3 read with Section 70 and punishable under Section 4 of the Prevention of Money Laundering Act, 2002, hereinafter referred to as the Act, 2002.

2. The prosecution story in brief as per the allegation made in the instant ECIR/complaint reads as under:

An ECIR bearing No. 18/2022 was recorded on the basis of the FIR bearing No. 141 of 2022 dated 04.06.2022, lodged at Bariatu police station, Ranchi Jharkhand under section 420, 467 and 471 of IPC, 1860, against Pradeep Bagchi on the basis of complaint of one Sri Dilip Sharma, Tax Collector, Ranchi Municipal Corporation for submission of forged papers i.e. Aadhar Card, Electricity Bill and Possession letter for obtaining holding number 0210004194000A1 and 0210004031000A5. Investigation revealed that by submitting the forged documents, a holding number was obtained in name of Pradeep Bagchi for p