IN THE HIGH COURT OF JUDICATURE AT PATNA Cr.Misc. No.33094 of 2008 KRISHNA PUROHIT SON OF LATE GAURI SHANKAR PUROHIT, R/O HOUSE NO.106/110, GORAL CHARKHOP, LINK ROAD GORAL BORIVALI (w) MUMBAI. Versus THE STATE OF BIHAR THRU. CBI.. ----------- With Cr.Misc. No.34934 of 2008 KARTIK HARBADA, SON OF KHEMJI SHIVJI HARBADA, R/O 41,MEGH BUILDING COOPERATIVEHOUSING SOCIETY, YASHODHAM,GOREGAON (EAST). MUMBAI. Versus THE STATE OF BIHAR THRU. CBI. ----------- 3. 30.9.2008. Prayer of the petitioners is for grant of bail in special case No.22 of 2006 arising out of RC No.02/(E)/07 registered under section 420,409,467,468,471,120B of the Indian penal Code and section 13(2)and 13 (1)d of the Prevention of Corruption Act. Mr. Krishna Prasad Singh, Senior Advocate appears for the petitioners. The State is represented by Mr. Bipin Kumar Sinha, SCCBI. According to the prosecution, petitioner Kartik Harbada was the Managing Director and promoter of M/s Rajgir Petrochem Limited and had filed the application for loan as also five disbursements request. He is also alleged to have singed several withdrawal cheque of the Canara Bank from where the disbursed amounts were withdrawn. According to the prosecution, he had also submitted false and forged Chartered Accountant’s Certificate before the IDBI 2 from which a term loan of Rs.56,000,00/- was obtained. So far as petitioner Krishna Purohit is concerned, according to prosecution, he is the Director of M/s Rajgir Petrochem Limited and had also signed withdrawal cheques. It has also been alleged that he played role in submission of false and forged Chartered Accountant’s certificate. Further allegation is that this petitioner had filed false and forged documents like bills/receipts of the supplier before the IDBI for getting the loan amount released. It is also alleged that the defrauded amount of Rs.27 lacs was transferred from the loan account of M/s Rajgir Petrochem Limited to M/s Machinery Ltd, Mumbai of which he is the proprietor. Not only this, both are also accused in another case of similar nature. In view of the nature of the allegation and material available, I am not inclined to accede to the prayer of the petitioners. Both the applications stand dismissed. ahk (C. K. Prasad)