IN THE HIGH COURT OF JUDICATURE AT PATNA Cr.Misc. No.13303 of 2011 J. C. NANDI Versus THE STATE OF BIHAR THRU.C.B.I. ----------- 03/ 19.05.2011 Heard learned counsel for the petitioner as well as learned counsel for the CBI. Admittedly, petitioner was senior Manager of Patliputra Industrial Area Branch, Patna at the relevant time and allegedly, he sanctioned several loans which were subsequently found that the aforesaid loans were sanctioned on the basis of fake documents and on account of aforesaid sanction order, bank suffered loss to the tune of Rupees one crore ten lakhs and odd. Admittedly, there is settled procedure for bank employees to pass sanction order for a loan. In the instant case, the petitioner sanctioned loans after obtaining the report from the lawyer of the bank as well as after obtaining report of the valuer. The only mistake, which is said to have been committed by the petitioner, is that he did not make pre-visit before sanction of the loans. Moreover, lawyer of the bank and some borrowers have already been granted privilege of bail by this court. Though learned counsel for the CBI points out that borrowers have been released on bail only after depositing the amount in question, as directed by this court but considering this aspect of the matter that the petitioner passed sanction order only on the basis of report as well as documents submitted before him, let the petitioner, J.C. Nandi, be released on bail on furnishing bail bonds of Rs 10,000/- with two sureties of the like amount each to the satisfaction of the Special Judge CBI South Bihar, Patna in Special Case no. 17/2008 2 arising out of R.C. Case no. 23A/2008. shahid (Hemant Kumar Srivastava,J)