Pratap Kumar Biswal vs State of Odisha (OPID)

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2022 Supreme(Ori) 693

IN THE HIGH COURT OF ORISSA AT CUTTACK
R.K.PATTANAIK
Pratap Kumar Biswal – Appellant
Versus
State of Odisha (OPID) – Respondent

Advocates Appeared:
For the Petitioner:Mr. M. Kanungo, Sr. Advocate
For the Opposite Party : Mr. B. Bhuyan

Table of Content
1. petitioner seeks bail based on custody duration. (Para 1 , 2)
2. competing arguments regarding bail: petitioner vs. state. (Para 4 , 5)
3. court's considerations on economic offenses and petitioner's health. (Para 6 , 7)
4. bail granted with strict conditions. (Para 8)

ORDER :

R.K. Pattanaik, J.

1. This is an application under Section 439 Cr.P.C. filed by the petitioner for release on bail in connection with C.T. Case No.3(C) of 2019 arising out of EOW P.S. Case No.16 of 2019 registered under Sections 420 , 406, 467, 468, 471 and 120-B IPC read with Section 6 of the OPID ACT , 2011 pending in the court of learned Presiding Officer, Designated Court ( OPID ACT ), Balasore on the grounds inter alia that he is in custody since 25th July, 2021 and no further custodial interrogation is necessary.

2. An FIR was lodged on 30^th August, 2019 alleging therein that M/s Mass Infra Realty Limited, a company registered under the Company Act, 1956 which was later on converted to a Cooperative Society and the petitioner being its Chairman-cum- Managing Director along with other office bearers issued non- convertible redeemable debentures and certificates by alluring them of providing

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