AB 3530/2011 BEFORE HON’BLE MR.JUSTICE P K MUSAHARY Heard Mr. A.Choudhury, learned counsel for the petitioner. Also heard Mr.B.B. Gogoi, learned Addl.Public Prosecutor, Assam, Petitioner is apprehending arrest in connection with CID P.S.Case No.14/11 regis tered u/s 120(B),420/406 IPC. It is submitted that the accused petitioner is no t connected with the affairs of the company against which certain allegations ha ve been made in the FIR. The accused petitioner is an investor in the company wh ich can be seen from the money receipt (computerized proforma invoice) issued on 27.8.2010. From this correspondence it appears that the accused petitioner inve sted Rs.1,50,000/-. This court in similar other cases in respect of investors has granted bail. In v iew of the above, I am of the considered view that similar privilege of pre-arre st bail can be granted to the present petitioner also. In view of the above, it is directed that in the event of arrest of the petitio ner, Sri Utpal Mazumdar, in connection with the aforesaid P.S.Case, he shall be released on bail on furnishing bail bond of Rs.15,000/- with one local surety o f the like amount to the satisfaction of the arresting authority on conditions u/s 438 (2) Cr.P.C . With the aforesaid directions bail application stands disposed of.