IN THE HIGH COURT FOR THE STATES OF PUNJAB AND HARYANA AT CHANDIGARH Crl. Misc. No. M-5596 of 2011 Date of decision: March 08, 2011. Bikramjit Singh ...Petitioner v. State of Punjab ...Respondent CORAM: HON'BLE MR. JUSTICE KANWALJIT SINGH AHLUWALIA Present: Shri Y.P. Singla, Advocate for the petitioner. Shri T.S. Salana, Deputy Advocate General, Punjab. Kanwaljit Singh Ahluwalia , J. (Oral): Present petition has been filed under Section 438 of the Code of Criminal Procedure for the grant of pre-arrest bail in case FIR No.16 dated 6.1.2011 registered at Police Station Sadar Patiala, under Sections 409/420 IPC. As per the allegations in the FIR, the petitioner was employee of the complainant and he has not accounted for the payments received on behalf of the employer. Thus, it is stated that misappropriation of funds has been committed by the petitioner and, hence committed offence under Section 409 IPC. Counsel for the petitioner has stated that the petitioner is employee of the firm since 2004 and there was no complaint against the petitioner till today. It is only when the petitioner left the job to join another firm that the present story has been cooked up to implicate the petitioner. Counsel further states that during course of trial he can justify that no funds have been misappropriated by him. After hearing Counsel for the parties, this Court is of the view that a fair opportunity ought to be granted to the investigating agency to arrive at the truth. Therefore, custody of the petitioner may be necessary. At this stage, Counsel for the petitioner states that he will not press the Crl. Misc. No.M-5596 of 2011 -2- present petition in case his application for regular bail is decided within a specified time. I find merit in the alternative submission made by the Counsel for the petitioner. Therefore, in case the petitioner surrenders before the authorities within 10 days from the receipt of a certified copy of this order, his regular bail application shall be decided by the concerned Court within a period of three days after period of police remand is over. Disposed of accordingly. [Kanwaljit Singh Ahluwalia] March 08, 2011. Judge kadyan