LAWS(ALL)-2023-7-98

AJAY UPADHYAY Vs. STATE OF U. P.

Decided On July 24, 2023
AJAY UPADHYAY Appellant
V/S
STATE OF U. P. Respondents

JUDGEMENT

(1.) Heard Sri S.K. Upadhyay, learned counsel for the applicant, Sri Surya Prakash Upadhyaya, learned AGA for the State and perused the records.

(2.) The present bail application has been filed by the applicant with the prayer to enlarge him on bail in Case Crime No. 0156 of 2022, under Ss. 406, 419, 420, 467, 468, 471, 504, 506 IPC, Police Station Purakalandar, District Faizabad/Ayodhya.

(3.) The aforesaid case has been registered on the basis of an FIR lodged on 11/4/2022 against five persons, including the applicant, in furtherance of an application under Sec. 156(3) Cr.P.C. alleging that on persuasion of the applicant, the informant had invested some amount in the name of himself and in the name of his wife in Ani Bullian Traders and Eye Vision India Credit Cooperative Society. Several other relatives of the informant have also made investments in the company but upon maturity no amount was paid to them.