BINOD KUMAR SINGH Vs. STATE OF JHARKHAND

JUDGEMENT

(1.) HEARD the counsel for the petitioner and the counsel for the State and the counsel appearing for the Opposite Party No.2.

(2.) THE petitioner is an accused in a case registered under Sections 406, 420, 467, 468, 471, and 120B of the I.P.C., pending in the court of Chief Judicial Magistrate, Dhanbad.

(3.) IT is further alleged that the bank has came to know that the petitioner with the loanee accused No.2, executed a registered deed No.643 dated 28.01.2006 in the registry office, Dhanbad in respect of the said flat and in this way accused persons in connivance with each other, took the loan from the said bank but without giving intimation to the bank, sold the said Flat No.1 to accused No.2 and did not pledge the said registered deed in the Bank rather by mortgaging the said flat again, took loan from the another bank i.e. Syndicate Bank. It is further alleged that both the accused by duping the Allahabad Bank, Park Market, Hirapur Branch, Dhanbad and thereafter for the same flat No.1, took loan twice and presently sum of Rs.12,31,636/ -is due to the Allahabad Bank (the complainant).