Judgment · High Court

Mr. A. Paramanik, learned counsel has appeared for the informant and opposed the prayer for bail. As per the allegation brought against the petitioner he receiv ed an amount of Rs. 3,00,000/- lacs from the informant on conditi on to pay him 5% interest to be accrued to the capital amount by simply signing on the non judicial stamp paper of Rs. 20/- on 16.10.2007. The accused petitione r, as alleged in the FIR, has not paid the capital amount to the informant. The informant awaited all these years expecting repayment of the loan amount but to no avail. From the case diary a hand note on the aforesaid financial transaction of Rs. 3, 00,000/- is found. It was signed by the accused petitioner on 16.10.2007. The ac cused petitioner is working as Head of Department of Political Science in B. Kal i College, Dhupdhara, a provincialised college. The accused petitioner is living with his family members and there is no chance of his absconding if he is enlar ged on pre-arrest bail. Accordingly, it is directed that the accused petitioner Hajrat Ahmed @ Hazrat A li Ahmed in the event of his arrest in connection with the aforesaid case, shall be enlarged on bail on furnishing bail bond of Rs. 40,000/- with two local sure ties of the like amount to the satisfaction of the arresting authority on condit ion that he shall not abscond or jump the bail and co-operate w ith the Investigating Agency as and when required in connection with the aforesa id case. It is further directed that the accused petitioner shall appear before the Investigating Officer within 10 days from today for interrogation and recor ding his statements in accordance with law. Further the accused petitioner shall appear before the I.O. once in a fortnight for 6 months or till completion of i nvestigation whichever is earlier. This petition stands disposed of.