M.L. Singhal, J. - This is Crl. Misc. No. 20481-M of 1998 whereby the Punjab State Cooperative Supply and Marketing Federation Limited (Markfed) through its Chief Manager (Law) has prayed for the cancellation of anticipatory bail allowed to Ashok Kumar etc. respondents No. 2 to 7 in case FIR No. 30 dated 25.2.1998 under Section 406/420 Indian Penal Code of PS City Ferozepur vide order Annexure P5 by Additional Sessions Judge, Ferozepur.

2. The prosecution case in brief is that in the paddy procurement season of the year 1994-95, an agreement was concluded between Markfed and several rice millers of Ferozepur district. According to that agreement, paddy was to be purchased in the account of the applicant Markfed to be stored and stocked by the rice millers. Paddy was to be taken out of the godowns for custom milling on the release orders issued by the concerned District Manager of the Markfed and after milling rice was to be supplied to the Food Corporation of India in the account of the Markfed. Millers were not at liberty to take out paddy of their own volition. On 23.7.1996, physical verification was conducted by a team comprising the District Managers of Markfed, Punsup,