IN THE HIGH COURT OF JUDICATURE AT PATNA Cr.Misc. No.41351 of 2009 RAGHVENDRA JHA, SON OF LATE CHANDRA MOHAN JHA, RESIDENT OF NEAR S.B. BUILDING GAUTAM NAGAR, WARD NO. 20, GANGJALA, P.S.+DISTRICT-SAHARSA, PERMANENT ADDRESS: VILLAGE AND P.S.-NAUHATTA, DISTRICT-SAHARSA. …..Petitioner. Versus THE STATE OF BIHAR THRU.CBI …..Opposite Party. ----------- 03/ 11.01.2010 Heard learned Counsel for the petitioner and learned Counsel appearing on behalf of the C.B.I. The petitioner is accused of the case which has been registered under Sections 120B, 420, 467, 468 & 471 of the Indian Penal Code and Sections 13(2) read with Sections 13(1)(d) of the Prevention of Corruption Act. Allegation is that the Branch Manager of Oriental Insurance Company Ltd. Shri S.S. Gupta entered into a criminal conspiracy with the petitioner and others and issued 12 policies in the name of non-existent entities. This has caused a loss of Rs. 5,24,000/-. Submission is that he has not conspired with his wife Poonam Jha. The total amount attributed to is Rs. 76,000/- for which the petitioner is not at all responsible. He is in custody since 2 06.11.2009. Learned Counsel appearing on behalf of the C.B.I. has opposed the prayer for bail of the petitioner. Considering the facts and circumstances of the case, the above named petitioner is directed to be released from custody on bail on furnishing bail bond of Rs. 10,000/- (ten thousand) with two sureties of the like amount each to the satisfaction of the learned Special Judge (C.B.I.), North Bihar, Patna in connection with Special Case No. 10 of 2005 arising out of R.C. No. 4(A) of 2005. kksinha/ ( Shyam Kishore Sharma, J.)