JUDGMENT :

Rajeev Kumar Dubey, J.

1. This is third application under Section 439 of the Cr.P.C. for grant of bail. Applicant Sumeet Golwalkar was arrested on 11/04/2019 in connection with Crime No. 12/2019 registered at Economic Offences Wing, Bhopal (MP) for the offence punishable under Sections 120-B, 420, 467, 468, 471 of the IPC, Section 66 of the Information Technology Act, 2000 and Section 7 read with Section 13(2) of the Prevention of Corruption Act.

2. The earlier bail applications filed by applicant were dismissed on merit by this Court vide orders dated 25/06/2019 & 31/10/2019 passed in M.Cr.C. Nos. 19786/2019 & 40800/2019 respectively.

3. As per prosecution story, M.P. State Electronics Development Corporation Ltd. (hereinafter referred to as 'MPSEDC' is a body working under the State of M.P. Department of Science and Technology. The Department of Information Technology, Govt. of Madhya Pradesh adopted the e-Tendering System using an online platform in 2006. In the year 2012 Government of Madhya Pradesh appointed MPSEDC, as the Nodal Agency for MP e-procurement portal. MPSEDC selected M/s. Tata Consultancy Services with Antares Systems Ltd. as the new Implementation Agency f