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[2026:RJ-JP:14219]

HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR

S.B. Criminal Miscellaneous Bail Application No.

4638/2026

Naresh Kumar Alias Narendra S/o Udairam, Aged About 44 Years, R/o Village Jhariyana, At Present Anand Nagar Colony, Ward No. 35, Khairthal, Police Station Khairthal, District Khairthal-Tijara, At Present Lodged In The Sub Jail,

Kishangarhbas.

----Petitioner Versus

State Of Rajasthan, Through PP ----Respondent

For Petitioner(s) : Mr. Ashvin Garg, with Mr. Sahil Sharma,

Ms. Aditi Meena For Respondent(s) : Ms. Aarti Sharma, P.P.

Ms. Anju Kumari, for Mr. Rajneesh Gupta,

Mr. Deshraj Sain

HON'BLE MR. JUSTICE GANESH RAM MEENA

Order

06/04/2026

1. The instant bail application has been filed under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 on behalf of accused-petitioner in connection with FIR No. 0313/2025 registered at Police Station Khairthal, District Khairtal-Tijara for offence under Sections 318(4), 316(5), 314, 3(5), 111(3) of B.N.S. Act 2023 and Section 3, 4 and 5 of the Prize Chits & Money Circulation Schemes (Banning) Act, 1978 and under Sections 3, 6, 21, 5, 23 and 26 of the Banning of Unregulated Deposits Schemes

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[2026:RJ-JP:14219] (2 of 4) [CRLMB-4638/2026] Act, 2019 against the order dated 13.02.2026 whereby learned Trial Court dismissed the bail application filed by the accused- petitioner for the offences punishable under Sections 112(2), 314, 316(5), 318(4), 61(2) of B.N.S. Act 2023 and Section 3, 4 and 5 of the Prize Chits & Money Circulation Schemes (Banning) Act, 1978 and under Sections 3/21, 5/23, 6 and 25 of the Banning of

Unregulated Deposits Schemes Act, 2019.

2. Learned counsel for the petitioner submits that the petitioner who was the Director in the complainant-company submitted his resignation on 10.07.2023 which was accepted on the very same day, meaning thereby, the petitioner did not remain as a Director of the company after 10.07.2023 and thereafter he cannot be made an accused for any kind of illegalities of offences committed in the company after his resignation. Learned counsel for the petitioner also submits that the accused-petitioner is in custody since 21.12.2025 and police after completion of the

investigation has submitted charge-sheet in the matter.

3. Learned Public Prosecutor opposed the bail application.

4. Learned counsel for the complainant submits that even though the petitioner has submitted his resignation for the post of Director, however, after acceptance of his resignation the amount is said to have been credited in his bank account and this fact clearly shows that the accused-petitioner is involved in

commissioning of the offence.

5. Considered the submissions made by the counsel for the petitioner as well as learned Public Prosecutor at Bar and so

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[2026:RJ-JP:14219] (3 of 4) [CRLMB-4638/2026] also the learned counsel for the complainant and perused the

challan papers.

6. On perusal of the charge-sheet the Investigating Officer concluded that as per the record of the Registrar of the Companies, the petitioner did not remain as a Director of the complainant -company as his resignation was accepted on 10.07.2023. The co-accused persons namely; Jiley Singh and Vykateshwar Sharma have already been enlarged on bail vide order dated 10.12.2025 by the Coordinate Bench in S.B. Criminal Miscellaneous Bail Application Nos. 16164/2025 and 16221/2025,

respectively.

7. On scrutiny of the charge-sheet, prima facie this Court finds that the case of the present petitioner is in no manner distinguishable from the case of other co-accused persons namely; Jiley Singh and Vykateshwar Sharma who have already been

enlarged on bail.

8. Taking into consideration the overall facts and circumstances of the case and so also to maintain the parity, this Court without expressing any opinion on the merits