JUDGMENT

A.K. Sikiri, J. Whether the applicant/petitioner has become entitled to statutory bail under Section 167(2) of the Code of Criminal Procedure is the question which has arisen for consideration. The learned ASJ vide her detailed order dated 13th July 2006 has held otherwise. The petitioner is not satisfied with the said order and claims that the provisions of Section 167(2) of the Cr.P.C. stand attracted in his case and, therefore. He is entitled to bail as a matter of right. We may take stock of some important dates in order to appreciate the controversy.

2. A written complaint dated 11th May 2006 was received by the superintendent of Police, CBI, AC, Zone II, New Delhi from one Mr. Rajiv Sharma. After going through this complaint, the Superintendent of Police in CBI found that the facts mentioned in the complaint, Prima facie, disclose commission of offence under Section 7 of the Prevention of Corruption Act, 1988 (in short the `PC Act') against the petitioner herein. A regular case was, therefore, registered and entrusted to a Dy. Superintendent of Police for investigation. After the investigation petitioner was arrested on 11th May 2006. He was produced before the lea