AB 2300/2011 BEFORE THE HON’BLE MR. JUSTICE HRISHIKESH ROY This is an application under section 438 of the CrPC in connection with Karimgan j P S Case No.287/2011 registered under sections 120-B/406/420 of the IPC. The petitioner claims that he had resigned from the post of Managing Director of the Company, which collected amounts from investors with promise of handsome re turns. But considering the fact that the money was collected while the petitione r was in charge of the Company and although the petitioner has resigned when the investment had matured, since the investors were cheated by non disbursal of th e promised maturing amounts, and upon consideration of the materials in the case diary produced by Mr. BB Gogoi, learned Addl. P.P., I am dis-inclined to allow this pre-arrest bail application. Accordingly the bail petition stands rejected.