(1.) THIS order shall dispose of Criminal Misc. Nos. 32475-M, 32532-M, 32534-M, 33035-M and 35266-M of 2007 as all these petitions under Section 438 of the Code of Criminal Procedure (in short 'the Code') seeking anticipatory bail have arisen out of FIR No. 5 dated 23rd March, 2007, under Sections 7, 13(1)(c) and (d), 13(2)/14 of the Prevention of Corruption Act, 1988 and Sections 409, 420, 467, 471 and 120-B of the Indian Penal Code, registered at Police Station, Vigilance Bureau, Ludhiana.
(2.) WHILE the petitioner in Criminal Misc. No. 32475-M of 2007 (G.K. Gambhir) is a Director; the petitioner in Criminal Misc. No. 32532-M of 2007 (Vinay Subhikhi) is the Vice President (Corporate Affairs); the petitioner in Criminal Misc. No. 32534-M of 2007 (Sunil Sharma) is the General Manager (Human Resources and Personnel) and the petitioner in Criminal Misc. No. 35266-M of 2007 (Syed Arshad Husain Naqvi) is a former Manager (Marketing) of M/s Today Homes and Infrastructure Private Limited. The petitioner in Criminal Misc. No. 33035-M of 2007 (Bharat Inder Singh Chahal) is a former Media Advisor to the then Chief Minister of Punjab.
(3.) ON 23rd March, 2007 the subject FIR was registered. To be precise and brief, the allegations as contained in the FIR are that :-