RAKESH SAKSENA, M.A.SIDDIQUI
Ajoy Acharya, S/o Lt. Shri M. C. Acharya – Appellant
Versus
State Bureau of Investigation Against Economic Offences – Respondent
Rakesh Saksena, J.
1. Petitioner has filed this revision against the order dated 11.4.2008, passed by Special Judge (Prevention of Corruption Act), Bhopal, in Special Case No. 07/2007, rejecting the application filed by him under Section 239 of the Code of Criminal Procedure seeking discharge from the offences punishable under Sections 420, 120B of the Indian Penal Code and Section 13(1)(d) read with Section 13(2) of the Prevention of Corruption Act, 1988.
2. The State Economic Offence Investigation Bureau, Bhopal, on 24.7.2004 registered a case at Crime No. 25/2004 in respect of the offences punishable under Sections 409, 420, 467, 468 and 120B of the Indian Penal Code against the following office bearers of Madhya Pradesh State Industrial Development Corporation (for brevity 'MPSIDC'), a Government Company registered under the Companies Act, 1956:
(i) Rajendra Kumar Singh, the then Chairman
(ii) Ajay Acharya, the then Director
(iii) J.S. Ramamurthy, the then Director
(iv) M.P. Rajan, the then Managing Director
(v) Narendra Nahta, the then Chairman
(vi) S.R. Mohanty, the then Managing Director
and against the beneficiary Chairmen/Directors of 42 other companies.
On 6.8.2004, prosecutio
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