JUDGMENT :

S.K. SAHOO, J.

The petitioner Preeti Bhatia has filed this application under section 439 Cr. P.C. seeking for bail in connection with RC Case No.47/S/2014-SCB/Kol. dated 5.6.2014 corresponding to SPE No.42 of 2014 pending in the Court of learned Special CJM, CBI, Bhubaneswar in which charge sheet has been submitted against her and others under sections 120-B, 294, 341, 406, 409, 420, 467, 468, 471, 506 read with section 34 Indian Penal Code and section 3, 4 and 5 of Prize Chits and Money Circulation Schemes (Banning) Act, 1978. The petitioner was taken into custody on 10.10.2014 and she moved an application for bail before the learned Sessions Judge, Khurda at Bhubaneswar in Bail Application No.1509 of 2014. The learned Sessions Judge vide order dated 12.11.2014 considering the facts and circumstances of the case, nature of the offences committed, seriousness of economic offence, larger interest of the society and State and moreover taking into account the progress of investigation was pleased to reject the bail application.

After rejection of the bail application on 12.11.2014 but during pendency of this bail application, charge sheet was submitted on 11.12.2014.

2. It