1. This petition has been moved u/s. 438 of the Code of Criminal Procedure by Abhinav Gupta-petitioner seeking his anticipatory bail in case FIR No. 86, dated 20.03.2008, u/s. 66 of the Information Technology Act and Ss. 420/406 of the Indian Penal Code registered with Police Station Sector-55, Faridabad.

2. The minimal facts of the case are these : The petitioner after completing his B.E. (Mechanical) in the year 1996 worked with Escorts-ECEL as Manager Design during the period from 2002-2003. He worked with Terex Vectra Equipment Private Limited as Manager, Designing for back Hoe Loader from the year 2003-2006 (August). Then he worked with JCB India Pvt. Ltd. (for short JCBI) as Manager Product Engineering (Design) from August, 2006 to January, 2008. He joined Escorts-ECEL as Divisional Manager (Designs) in January, 2008. The JCBI accepted his resignation vide letter dated 4.01.2008 and agreed to relieve him from his duties on 14.01.2008. He was relieved on the aforesaid date after he was given a final clearance by all the Departments of JCBI including I.T. Department. As per allegations in the FIR No. 86 ibid against him by JCBI containing the allegations that he was exp