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2025 Supreme(Ori) 583

IN THE HIGH COURT OF ORISSA AT CUTTACK
G. SATAPATHY
Saiyad Jiyahjur Rahaman – Appellant
Versus
State of Odisha (OPID) – Respondent


Advocates Appeared:
For the Petitioner:Mr. D. Nayak, Sr. Advocate along with Mr. M. Dhir, Advocate
For the Opposite Party :Mr. A.K. Nayak, Advocate (OPID), Mr. A.K. Mohanty, Advocate (for Informant)

Table of Content
1. bail application details and allegations (Para 1 , 2)
2. arguments for and against bail (Para 3)
3. court's analysis and discretion in bail (Para 4 , 5)
4. rejection of bail application (Para 6 , 7)

JUDGMENT :

1. This is a bail application U/S.483 of BNSS by the petitioner for grant of bail in connection with EOW Bhubaneswar PS Case No.7 of 2024 corresponding to CT Case No.17 of 2024 pending in the file of learned Presiding Officer, Designated Court under OPID ACT , Cuttack, for commission of offences punishable U/Ss.406/ 420/ 467/468/ 471/ 120-B of IPC r/w Section 6 of OPID ACT .

3. In the course of hearing, Mr. D. Nayak, learned Senior Counsel, who is being assisted by Mr. Manish Dhir, learned counsel for the petitioner very emphatically submits that even if the materials collected in the course of investigation are taken into consideration, the petitioner having not completely cheated anybody has paid some amount and he has got intention to clear up the investment of all the investors, but how long a person can be detained in custody pending trial, when he is ready to return the investment with some breathing time and although the petitioner has been found involv

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