LAWS(JHAR)-2019-4-13

SUBHAM SRIVASTAVA @ SHUBHAM Vs. THE STATE OF JHARKHAND

Decided On April 15, 2019
Subham Srivastava @ Shubham Appellant
V/S
THE STATE OF JHARKHAND Respondents

JUDGEMENT

(1.) Apprehending his arrest, the petitioner has moved this Court for grant of privilege of anticipatory bail in connection with Mandu P.S. Case No.227 of 2018 registered under sections 406/420/467/468/471 of the Indian Penal Code.

(2.) Heard the learned Senior Advocate appearing for the petitioner and learned Addl. P.P. for the State.

(3.) The Learned Senior Advocate appearing for the petitioner submits that the allegation against the petitioner is that the petitioner while being posted as a Field Assistant of NABARD Financial Services Ltd. has misappropriated Rs.12,42,169/-. It is further submitted by the learned Senior Advocate appearing for the petitioner that in the F.I.R. itself, it has been mentioned that a sum of Rs.90,461/- has already been recovered from the petitioner and the petitioner is ready and willing to deposit Rs.11,51,708/- in installments without prejudice to his defence subject to final decision in this case. It is next submitted by the learned Senior Advocate appearing for the petitioner that in fact the petitioner has not misappropriated any money and the informant is under the impression that the petitioner has misappropriated the money because reconciliation of the bank statement submitted by the petitioner has not been done properly and the petitioner is ready and willing to cooperate with the investigation of the case and also for reconciliation of all the deposits made by him. Hence, it is submitted that the petitioner be given the privilege of anticipatory bail. Learned Addl. P.P. opposes the prayer for grant of anticipatory bail.