Panchu Lal Pandhre v. State Of Chhattisgarh Through Station House Officer, P.S

: Mr. Shivanand Mishra, Adv through V.C. along with Mr. Vivekanand Samaddar, Adv For Respondent(s) : Mr. Avinash Singh, GA Hon’ble Smt. Justice Rajani Dubey Order on Board 05/01/2026

The accused/applicant has moved this First Bail Application under Section 483 of Bhartiya Nagrik Suraksha Sanhita, 2023 for releasing him on regular bail during trial in connection with Crime No.75/2016, registered at Police Station Bhoramdev, District Kabirdham (C.G.) for the offence punishable under Sections 406 & 420 read with Section 34 of IPC, Sections 3, 4 & 5 of Prize Digitally signed by R NIRALA 2 Chits and Money Control Circulation Schemes (Banning) Act, 1978 and Section 10 of the Chhattisgarh Protection of Depositors Interest Act, 2005.

The prosecution story, in brief, is that one Vee Realities India Ltd. Company registered under the Companies Act induced the innocent Investors of area to deposit amount with assurance that same would be doubled within short span of time and on such assurance Complainant and other persons deposited their amount in the Company. Subsequently, the Company closed its offices and no refund was made to the Investors. On the basis of the above, FIR has been lodged by one Jhula Bai on 10.11.2016. Allegations against the present Applicant is that he was one of the agents of the said Company who collected money from the depositors. Subsequently a case was also registered against the present applicant and he was arrested.

Learned counsel for the applicant submits that the applicant is innocent and has been falsely implicated in the crime in question. He further submits that the co-accused Smt. Rekha Neware has been granted regular bail by this Court vide order dated

18.11.2019 passed in MCRC No.6163/2019. The co-accused Pardeshi Patel and Neelesh Gajbhiye have also been granted regular bail by the Coordinate Bench of this Court vide order dated 07.02.2019 passed in MCRC No.460/2019 and order dated

27.08.2020 passed in MCRC No.680/2020. The applicant is in jail 3 since 22.09.2025 and trial may take some time in its conclusion. Therefore, the applicant may kindly be released on bail.

On the other hand, learned State counsel opposes the bail application of the applicant.

I have heard learned counsel for the parties and perused the case-diary.

Taking into consideration the facts and circumstances of the case, nature of allegation and further considering the fact that the co-accused persons have already been granted regular bail by this Court as well as the Coordinate Bench of this Court, applicant is in jail since 22.09.2025 and the trial is likely to take some time for its final disposal, this Court is of the view that it is a fit case to release the applicant on bail.