HIGH COURT OF GAUHATI
HONOURABLE MRS. JUSTICE MALASRI NANDI
SRI ABHIJIT CHANDA – Appellant
Versus
THE STATE OF ASSAM – Respondent
ORDER
Date : 26.11.2024 Heard Mr. S.P. Choudhury, learned counsel for the petitioner. Also heard Mr. M. Haloi, learned Standing counsel, CBI.
2. By filing this application u/s 483 of BNSS, 2023, the petitioner, Abhijit Chanda, has prayed for regular bail in connection with Dibrugarh P.S. Case No. 352/2024 (GR Case No. 32/2024) registered under Section 316(2)/318(4) of BNS, 2023 read with section 21/23 of Banning of Unregulated Deposit Schemes Act, 2019.
3. The FIR dated 02/09/2024 discloses that as reported by news channel through its face book page, a video surfaced showing Bishal Phukan, a businessman from Dibrugarh, allegedly involved in a financial scam in violation of RBI/ SEBI regulations. According to the report, accused Bishal Phukan lured individuals entering into notarized agreements, promising high returns on investments and subsequently deposited their money into his personal demat account, contrary to SEBI guidelines.
4. Learned counsel for the petitioner has submitted that after the case was registered, the police had arrested FIR named accused Bishal Phukan on 03.09.2024 and on 04.09.2024 the police had arrested the present petitioner without any prior intimation, where
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