JUDGMENT

Gurvinder Singh Gill, J. (Oral). - The petitioner has approached this Court seeking grant of regular bail in respect of a case registered vide FIR No.571 dated 4.6.2019, Police Station Chandani Bagh, Panipat, District Panipat, under Sections 419, 420, 467, 468, 471, 120-B and 259 of Indian Penal Code.

2. The instant FIR was lodged at the instance of ASI Vinod Kumar wherein it has been alleged that on 4.6.2019 when he along with other police officials was present near grain market bridge in connection with patrolling, then he received a secret information to the effect that one Rajesh Mittal, Inder Partap Singh and Manish are committing huge loss to the exchequer on account of fraudulent and bogus transactions. The information was further to the effect that the said accused float bogus firms and by entering into bogus transactions with bigger firms, they were getting huge amounts deposited in the bank accounts of the bogus firms so floated and were eventually facilitating the big firms to save on GST in fraudulent manner and thus, deprived the State Exchequer of the GST which was legitimately due. It was informed that the said accused were moving about in Hyundai 'i20' car be