GURJANT SINGH Vs. STATE OF PUNJAB

JUDGEMENT

(1.) This is a petition for grant of anticipatory bail to the petitioner in FIR No.15 dated 11.02.2016 registered under Sec. 408 Penal Code at Police Station City Samana, District Patiala.

(2.) The allegations are that the petitioner was working as a Manager and was incharge of the banking operations of the Society. He created forged bank certificates showing different amounts as being lying in the account of the society whereas no amount was deposited. In this manner he is alleged to have embezzled the sum of Rs. 35.00 lakhs approximately. Learned counsel has drawn the attention of the Court to the order dated 14.03.2016 which is reproduced here in below:-

(3.) He further states that he has joined the investigation and no recovery is to be made from him and till date no proceedings for recovery have been initiated against the petitioner under the Punjab Co-operative Societies Act, 1961 nor any arbitration proceedings have been lodged against him. He has further argued that the police is shielding the members of the managing committee and other employees by making the petitioner into a scapegoat.