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2015 Supreme(Ori) 481

IN THE HIGH COURT OF ORISSA: CUTTACK
S.K. SAHOO. J.
BLAPL NO. 6216 OF 2014
(Date of Judgment : 04.02.2015)
In the matter of an application under Section 438 of the Code of Criminal Procedure.
Dr. Kalandi Ch. Mohanty … Petitioner
Versus
Union of India … Opp.Party

Advocates:
For Petitioner: M/s. Sisir Kumar Purohit, A.K. Das, P.K. Swain, A.K. Nayak
For Opp.Party:Mr. V. Narasingh

Headnote:1. CRIMINAL PROCEDURE CODE, 1973 - Sec.438 - Pre-arrest bail - Commission of offences punishable u/s.420, 120-B, I.P.C. and Sec.13(2) r/w.13(1)(d) of P.C. Act, 1988 - Materials so far collected prima facie indicate that the petitioners along with others entered into criminal conspiracy and in pursuance to such conspiracy they have sanctioned and disbursed the loan of Rs.20 crores - Prima facie case is available against the petitioners - Prayer for anticipatory bail of petitioners stands rejected.

       2. ANTICIPATORY BAIL - While dealing with an application for grant of anticipatory bail in an economic offence, apart from the nature and gravity of the acquisation, the role played by the accused, the character of the accused, the antecedent of the accused, the possibility of the accused tampering with the witnesses or fleeing away from justice, likelihood of repetition of similar offences in future, reasonable possibility of securing the attendance of the accused at the time of trial are all to be seen with utmost care and caution and exceptional case has to be made out for grant of anticipatory bail particularly in economical offences.

       3. CRIMINAL PROCEDURE CODE,1973 - Sec.438 - Anticipatory bail - No inflexible guidelines or strait jacket formula can be provided for grant or refusal of anticipatory bail in as much as all circumstances and situations of future cannot be clearly visualised for the grant or refusal of anticipatory bail - Grant or refusal of anticipatorty bail should necessarily depend on facts and circumstances of each case.

       122. The following factors and parameters can be taken into consideration while dealing with the anticipatory bail:

       i.The nature and gravity of the accusation and the exact role of the accused must be properly comprehended before arrest is made;

       ii.The antecedents of the applicant including the fact as to whether the accused has previously under tone imprisonment on conviction by a Court in respect of any cognizable offence;

       iii.The possibility of the applicant to flee from justice;

       iv.The possibility of the accused’s likelihood to repeat similar or the other offences.

       v.Where the accusations have been made only with the object of injuring or humiliating the applicant by arresting him or her.

       vi.Impact of grant of anticipatory bail particularly in cases of large magnitude affecting a very large number of people.

       vii.The Courts must evaluate the entire available material against the accused very carefully. The Court must also clearly comprehend the exact role of the accused in the case. The cases in which accused is implicated with the help of Sections 34 and 149 of the Indian Penal Code, the Court should consider with even greater care and caution because over implication in the cases is a matter of common knowledge and concern;

       viii.While considering the prayer for grant of anticipatory bail, a balance has to be struck between two factors namely, no prejudice should be caused to the free, fair and will investigation and there should be prevention of harassment, humiliation and unjustified detention of the accused;

       ix.The Court to consider reasonable apprehension of tampering of the witness or apprehension of threat to the complainant;

       x.Frivolity in prosecution should always be considered and it is only the element of genuineness that shall have to be considered in the matter of grant of bail and in the event of there being some doubt as to the genuineness of the prosecution, in the normal course of events, the accused is entitled to an order of bail.

       123. The arrest should be the last option and it should be restricted to those exceptional cases where arresting the accused is imperative in the facts and circumstances of that case.

       124.The Court must carefully examined the entire available record and particularly the allegations which have been directly attributed to the accused and these allegations are corroborated by other material and circumstances on record.

       125.These are some of the factors which should be taken into consideration while deciding the anticipatory bail applications. These factors are by no means exhaustive but they are only illustrative in nature because it is difficult to clearly visualize all situation and circumstances in which a person may pray for anticipatory bail. If a wise discretion is exercised by the concerned judge, after consideration of entire material on record then most of the grievances in favour of grant of or refusal of bail will be taken care of. Tthe legislature in its wisdom has entrusted the power to exercise this jurisdiction only to the judges of the superior Courts. “ (Para - 5)

JUDGMENT

S.K. SAHOO, J. : All these applications under Section 438 Cr. P.C. have been filed by the petitioners seeking pre-arrest bail in connection CBI/SPE Bhubaneswar Case No. RC. 04(A)/2014-BBSR (RC0152014A0004) dated 27.3.2014 for commission of offences punishable under Sections 420, 120-B Indian Penal Code and Section 13(2) read with 13(1) (d) of Prevention and Corruption Act, 1988. All the bail applications are heard analogously and a common order is passed.

2. The prosecution case as per the FIR lodged by one Mr. M.K. Sinha, Superintendent of Police, CBI, Bhubaneswar is that on 17.10.2013 M/s D.N. Homes (P) Ltd. applied to Odisha Gramya Bank, Bhubaneswar Branch, Unit-IV, Bhubaneswar for availing term loan of Rs. 20 crores for completion of the left over works in the project “Northern Heights” at Kalarahanga, Bhubaneswar. Though the Head Office of Odisha Gramya Bank sanctioned the loan but the Branch Manager of Odisha Gramya Bank, Bhubaneswar did not disburse the said loan as he came to known that the construction of the building is under dispute with Bhubaneswar Development Authority (BDA) and BDA had issued notice for demolition of the building as the company had not obtained approval from BDA for construction of the building. The Law Officer of the Odisha Gramya Bank also gave a negative opinion regarding sanction of loan on the ground of pendency of litigation and suggested for seeking legal opinion from some advocate dealing with civil matters which was not done rather the Head Office of the Odisha Gramya Bank obtained opinion from their Panel Advocate. As the loan amount was not disbursed by the Branch Manager, Odisha Gramya Bank, Bhubaneswar Branch, M/S. D.N. Homes (P) Ltd., approached another branch of Odisha Gramya Bank situated at Tankapani Road, Bhubaneswar for availing term loan of Rs. 20 crores for the same project. Mr. Manoranjan Mishra (petitioner in BLAPL No. 6617 OF 2014) who was the Branch Manager of the said Branch with dishonest intention initiated the pre-sanction process such as spot visit of the properties even prior to the receipt of application of loan i.e., on 21.11.2013 and on 22.11.2013, he sent the proposal to the Head Office seeking sanction of the term loan in favour of M/s. D.N. Homes (P) Ltd., which was ultimately sanctioned by Dr. Kalandi Charan Mohanty (petitioner in BLAPL No. 6216 of 2014), Chairman, Odisha Gramya Bank and it was recommended by Pravat Kumar Das (petitioner in BLAPL No. 6613 of 2014), Manager (Advance) and Makar Ketan Patra (petitioner in BLAPL No. 6314 of 2014), General Manager and other unknown persons of Odisha Gramya Bank Head Office on 25.11.2013 by taking additional collateral securities.

It is further stated in the FIR that though it was within the knowledge of the officers of Odisha Gramya Bank Head Office that earlier sanctioned loan by them was not disbursed by the Branch Manager, Unit-IV, Bhubaneswar but with ulterior motive the loan of Rs. 20 crores was recommended/sanctioned/ disbursed to M/s D.N. Homes (P) Ltd. It is further stated in the FIR that the value of the properties were evaluated at a much higher side in as much as the properties which were purchased on 29.9.2012 for an amount Rs. 13.74 lakhs have been evaluated at Rs. 14 crores i.e., more than 100 times on 20.11.2013 i.e. after 11 months from the date of purchase of the properties. It is further stated that the project was already completed while the loan application of M/s D.N. Homes (P) Ltd, was under process at Odisha Gramya Bank for the construction of the said project. It is further stated that Manoranjan Mishra (petitioner in BLAPL No. 6617 of 2014), Branch Manager of Odisha Gramya Bank, Tankapani Road by abusing his official position with an ulterior motive disbursed the sanctioned loan of Rs. 20 crores within a short period without obtaining supporting documents from M/s D.N. Homes (P) Ltd., and not a single pie of the disbursed loan amount was utilized for the purpose it was sanctioned.






































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