JUDGMENT :

1. The present application is preferred under Section 439 of the Criminal Procedure Code, 1973 in relation to EOW Bhubaneswar P.S. Case No.21 of 2019 corresponding to C.T. Case No.10 of 2019, pending before the court of the learned Presiding Officer, Designated Court, under the O.P.I.D. Act, Cuttack.

2. On the basis of the FIR lodged before the Superintendent of Police, Economic Offence Wing, Bhubaneswar, EOW Bhubaneswar P.S. Case No.21 of 2019 was registered against the petitioner and two others for the offences punishable under Sections 406/420/120-B of the I.P.C. read with Section 6 of the Odisha Protection of Interests of Depositors (in Financial Establishments) Act, 2011.

3. The succinct facts of the case narrated by the informant is that he met one Biswa Bhushan Biswal around seven years back who introduced himself as a land broker being in the business of plotting, land developing, constructing buildings, flats and apartments through his company, one M/s. B.N. Infra Services Pvt. Ltd. He also allegedly introduced the Petitioner herein, his wife as the Managing Director and one Binapani Biswal as Director of the said company. It has been further alleged that all the a