Addl. Govt. Advocate) Mr v. Narasingh
Case Details
ORISSA HIGH COURT: CUTTACK BLAPL No. 3947 of 2013 In the matter of an application under Section 439 of the Code of Criminal Procedure, 1973. - - - - - - - Dr. Tirupati Panigrahi and others … Petitioners State of Orissa … Opp. party -Versus- - - - - - - - For Petitioners M/s J.Pal, B.K.Mishra & A.K.Behera. Mr. J.K.Das, Sr. Advocate, : For Opp. Party (Addl. Govt. Advocate) Mr. V. Narasingh : ----------- P R E S E N T : THE HONOURABLE MR. JUSTICE B.N. MAHAPATRA Date of order: 04.04.2013 B.N.Mahapatra, J. The present petition has been filed under Section 439, Cr.P.C. in connection with C.T. Case No.294 of 2013, now pending in the Court of S.D.J.M., Bhubaneswar, arising out of E.O.W. Bhubaneswar P.S. Case No.04 of 2013 with prayer to release the petitioners on bail on any terms and conditions. 2. Petitioners in the present case are three in number. They are Dr. Tirupati Panigrahi, Chairman, Hi-Tech Medical College and Hospital, Bhubaneswar and Managing Director, Hi-Tech Estates and Promoters Private Limited, (2) Sri Tirupati Choudhury, Director of Hi- Tech Estates and Promoters Private Limited, Bhubaneswar, and (3) Sri Madhusudan Panigrahi, Director, Hi-Tech Estates and Promoters Private Limited, Bhubaneswar. 2 3. The petitioners are alleged to have committed offence punishable under Sections 120-B/420/406/411/467/471/506/34, IPC. 4. Prosecution case is that the informant-Narendra Kumar Behera, in the year 2003 came to know from an advertisement floated in the newspaper and from petitioner no.1 and other petitioners that near Bhubaneswar in Kantilo, Kuha, Nanadapur and Khetrapal mouza a plotted scheme project has been launched, namely, Kalyan Vihar in which Company Rajdhani Systems and Estates Pvt. Ltd. promises to provide plots on easy instalments. The informant being convinced by the petitioners decided to purchase one plot measuring 1200 Sq.ft. the cost of which is Rs.26,459/-. Accordingly, he deposited Rs.4,000/- for booking of the plot and also signed the agreement. As per the agreement, the informant paid the balance amount. He has also paid Rs.4,900/- towards registration charges. Despite the same, no plot was registered in his favour till the date of filing of F.I.R. Whenever, he was asking for the plots, all the petitioners were threatening him and thereby he apprehended that he has been cheated along with other persons, who applied for purchase of plots. Therefore, he lodged F.I.R. before the Superintendent of Police, Economic Offences Wing Police Station, Bhubaneswar on 19.1.2013 and accordingly, the S.P. Economic Offence Wing, CID (C.B.), Odisha, Bhubaneswar registered a case vide Economic Offence P.S. Case No.04 of 2013 punishable under above sections. After receipt of the case in the Court of S.D.J.M., Bhubaneswar, C.T. Case No.294 of 2013 has been registered for 3 commission of offence punishable under Sections 120- B/420/406/411/467/471/506/34, IPC. 5. Petition filed before the learned S.D.J.M., Bhubaneswar under Section 437, Cr. P.C. for grant of bail was rejected by the learned Judicial Magistrate. Being aggrieved, the petitioners filed a petition before the Sessions Judge, Bhubaneswar for grant of bail under Section 439, Cr. P.C. The Second Additional Sessions Judge, Bhubaneswar rejected the said petition on 6.2.2013 in B.A. No. 53/152 of 2013. 6.
Legal Reasoning
homestead land. This prima facie shows that the action of the petitioners is not bona fide and the intention is to cheat the gullible investors from the very beginning. The petitioners through their companies entered into the agreements with the innocent applicants to sell the plots without having ownership of saleable/ transferable right over the lands in question. Thus, the petitioners have received full payment from the innocent applicants for sale of genuine homestead plots to them which were not in existence. 18. Further case of the prosecution is that public advertisements were floated with a dishonest intention making false promises and thereby induced public to part with their money which were subsequently misappropriated and converted to their own use. On a bare reading of the agreement entered into with the informant reveals that on the date of execution of such agreement the company has acquired land and made them suitable for the purpose of proposed house site under the name and style Bhagya Nagar. Such Assurance made in the agreement is not correct and petitioners from the very beginning were aware that they did not have transferable/saleable homestead land, still then they induced investors to part with their valuable consideration and because of such dubious designs the petitioners have gained wrongfully thereby causing wrongful loss to the investors. Further case of the prosecution is that the investigating agency has received 164 complaints and the matter is under investigation 12 and if at that stage accused persons are allowed to be released on bail, taking advantage of their positions in the society they will interfere with the on going investigation and thereby subverting the course of justice. Investigating Officer in the meantime has examined many victims. The complainants have invested Rs.53,85,500/- with petitioners’ Company. The said amount has been siphoned away to the Bank accounts of Vigyan Bharati Charitable Trust, Vidya Sagar Charitable Trust and other charitable Trusts in which the accused persons are trustees. These trustees run various educational institutions in different parts of the State. The I.O. ascertained that the amount collected by the petitioners against the present project and against similar other eight projects have been invested or concealed by the accused persons which have not been traced out so far. All the bank accounts seized by the I.O. during the investigation of E.O.W. PS Case No.11/2012 there is only Rs.4.14 crores. Rest of the moneys of the investors is yet to be traced by the I.O. Further during investigation of audited accounts of these two companies, it was revealed that a sum of Rs.315.96 crores was due to the investors, who had applied for getting plots on the assurance and clear indication by the petitioners that they had saleable/transferable right/interest in the lands in question. Though the petitioners invested his hard earned money in project Bhagya Nagar since 2003, till date he has not yet been provided with the plots. 19. At this stage, it would be relevant to refer to some of the judgments of the Hon’ble Supreme Court. The Hon’ble Supreme Court in the case of Arun Bhandari v. State of U.P., (2013) 2 SCC 801 has held as under:- 13 At this stage, we may usefully note that “26 sometimes a case may apparently look to be of civil nature or may involve a commercial transaction but such civil disputes or commercial disputes in certain circumstances may also contain ingredients of criminal offences and such disputes have to be entertained notwithstanding they are also civil disputes. In this context, we may reproduce a passage from Mohd. Ibrahim v. State of Bihar15: (SCC p. 754, para 8) “8. This Court has time and again drawn attention to the growing tendency of the complainants attempting to give the cloak of a criminal offence to matters which are essentially and purely civil in nature, obviously either to apply pressure on the accused, or out of enmity towards the accused, or to subject the accused to harassment. Criminal courts should ensure that proceedings before it are not used for settling scores or to pressurise parties to settle civil disputes. But at the same time, it should be noted that several disputes of a civil nature may also contain the ingredients of criminal offences and if so, will have to be tried as criminal offences, even if they also amount to civil disputes. (See G. Sagar Suri v. State of U.P.16 and Indian Oil Corpn. v. NEPC India Ltd.17)” 20. The Hon’ble Supreme Court in the case of Ramnarayan Popli v. CBI, (2003) 3 SCC 641 clearly negatives the contention of the accused petitioners regarding non-applicability of Sec. 420 and other allied sections. 21. In the case of Rajesh Bajaj v. State of NCT Delhi, (1999) 3 SCC 259; the Hon’ble Supreme Court has held as under: It may be that the facts narrated in the present “10. complaint would as well reveal a commercial transaction or money transaction. But that is hardly a reason for holding that the offence of cheating would elude from such a transaction. In fact, may a cheatings were committed in the course of commercial and also money transactions. One of the illustrations set out under Section 415 of the Indian Penal Code (illustration) is worthy of notice now : 14 “(f) A intentionally deceives Z into a belief that A means to repay any money that Z may lend to him and thereby dishonestly induces Z to lend him money, A not intending to repay it. A cheats.” 11. The crux of the postulate is the intention of the person who induces the victim of his representation and not the nature of the transaction which would become decisive in discerning whether there was commission of offence or not. The complainant has stated in the body of the complaint that he was induced to believe that the respondent would honour payment on receipt of invoices, and that the complainant realized later that the intentions of the respondent were not clear. He also mentioned that the respondent after receiving the goods had sold them to others and still he did not pay the money. Such averments would prima facie make out a case for investigation by the authorities.” 22. In the case of State of Gujarat v. Mohanlal Jitamalji Porwal and another, (1987) 2 SCC 364, the Hon’ble Supreme Court held as under: “The entire community is aggrieved if the economic offenders who ruin the economy of the State are not brought to book. A murder may be committed in the heat of moment upon passions being aroused. An economic offence is committed with cool calculation and deliberate design with an eye on personal profit regardless of the consequence to the community. A disregard for the interest of the community can be manifested only at the cost of forfeiting the trust and faith of the community in the system to administer justice in an even-handed manner without fear of criticism from the quarters which view white collar crimes with a permissive eye unmindful of the damage done to the national economy and national interest.” 23. Taking into account the nature and magnitude of the offence and its ramification as alleged, it cannot be said that it is a case of breach of contract simpliciter committed by the petitioners and the same would not constitute any offence under Sections 420 and 406, I.P.C. On 15 the other hand, apparently a prima facie case is made out which constitutes offence under Sections 420 & 406, IPC. 24.
Arguments
Mr.J.Pal, learned counsel appearing for the petitioners submitted that prosecution case is false and concocted one. Petitioner No.1 is the Chairman and Managing Director and petitioner Nos. 2 and 3 are Directors of the Company, named and styled as Rajadhani Systems and Estates Private Limited. In Kalyan Vihar Phase-I total agreement entered into with the applicants was 2673, out of which the Company has already allotted plots and completed registration in respect of 2149 applicants. Thus, the Company is required to allot the land to 524 applicants in Kalyan Vihar Phase-I project. The Company still has 30.894 acres of land available with it in respect of this project and after calculation of plots the Company requires Ac.18.765 decimal of land to distribute amongst 524 persons. Since the Company has faced difficulties with regard to the Consolidation Operation and for making the land free hold, the Company in the year 2010, gave notices to different applicants including the present informant clearly mentioning therein that the Company faced income tax search in the year 2005. During search, all the relevant original documents have been seized by 4 the Income Tax Department. Kalyan Vihar comprises of chaka land. The Chakka land can not be sold out by fragmenting the same into sizeable sub-plots except after conversion of the same by the competent authority. After completion of the Scheme the Company would have made the conversion process of the same before the concerned authority and by making into sub-plots, transfer the same to its customers as per their Scheme through registered sale deed. But due to seizure of the relevant original documents the conversion process could not be materialized. Therefore, the petitioners were undone to make registration of sale deed in favour of the informant and other customers even after completion of the Scheme. It was expected that the matter will be solved within 2 to 3 years. The informant should cooperate and bear with the petitioners for such period. Otherwise, the Company is ready to refund the amount deposited by the informant in case the informant is not in a position to wait further. Therefore, the Company in no way has cheated the informant and is not avoiding the informant to deliver the land or to refund the money. Petitioners were arrested in connection with another case and were sent to jail custody on 25th December, 2012. After the case was registered, a custody warrant was issued and the petitioners were arrested in this case while they were in jail custody. 7. Mr.Pal further submitted that the allegations made in the FIR transpire that it is a contractual breach, i.e., breach of contract simpliciter. It is not the case of the informant that the Company has closed or gone away with money. Specific case of the informant is that the petitioners have not handed over the plots for which he has 5 deposited the money with the Managing Director and Directors. The informant has also not disclosed the fact regarding receipt of notice in the year 2010 informing him the problem for which the land could not be handed over and to wait for 2 to 3 years. Since both the Companies, i.e., Hi-Tech Estates and Promoters Pvt. Ltd. and Rajdhani Systems and Estates Pvt. Ltd. committed to their project and due to this bad publicity and false cases were lodged, the Company thought it proper to make an appeal to the general public/to its applicants/customers wherein the details of the Companies have been given. It was specifically mentioned that the Company has 460 acres of land available with them which can easily be allotted to the interested customers for which they have to wait for some period for delivery of the land and if any person who is not desirous to wait for that period he may give in writing for refund of money with interest. 8. Learned counsel Mr.Pal further submitted that the offence under which FIR has been registered are not made out. In case of violation of contract between the Company and the customers, i.e., in case of failure of contract at subsequent stage, the offence of cheating cannot be made out since the breach of contract simpliciter committed by the parties will not constitute any offence under Sections 420/406, I.P.C. In support of his contention, reliance is placed on various judicial pronouncements which are referred hereinafter. 9. Placing reliance on the judgment of the Hon’ble Supreme Court in the case of Sanjay Chandra Vrs. Central Bureau of Investigation, AIR 2012 SC 830, Mr. Pal submitted that grant/refusal to grant the bail 6 is at the discretion of the Court. Grant/denial of bail is required to be examined in each particular case. Right to bail is not to be exercised merely because of the sentiment of the community is against the accused. 10. In written notes of submissions filed on behalf of the petitioners, it is stated that the petitioners are ready to give undertaking that they are committed to the project which they have started and they are duty bound as per the contract to allot plots to the customers as per their desire and if any customer does not want to take the land and want refund of his money the Company is also under obligation to return the money to the customers/applicants with interest. Concluding his argument, Mr. Pal made prayer for release of the petitioners on bail. 11. Mr. Narasingh, learned Addl. Government Advocate vehemently opposed to grant bail to the petitioners. It was submitted that investigation was taken up and during the course of investigation it revealed that the petitioner no. 1 as the Managing Director and the other petitioners as Directors have duped thousands of innocent investors and committed fraud in an organized manner. It has been prima facie established beyond reasonable doubt that floating of the alleged plotting schemes in the name and style “Hi-Tech Estates and Promoters Pvt. Ltd.” and “Rajdhani Systems and Estates Pvt. Ltd.” through public advertisements with an dishonest intention making false promises and thereby induced people to part with their money which were subsequently misappropriated and converted to their own use. The present BLAPL relates to Kalyan Vihar project. During the course of 7 investigation, it has come to light, in the similar fashion the petitioners have floated four more projects, namely; (i) Bhagya Nagar, (ii) Kunja Vihar, (iii) Puspanjali Enclave and (iv) Kalyan Vihar and adopting similar modus operandi have cheated the persons who have made investment in response to their advertisement. 12. A bare reading of the agreement entered into with the informant it clearly reveals that on the date of execution of such agreement the company has acquired the land and made them suitable for the purpose of proposed house sites under the name and style of Kalyan Vihar Phase-I. From the agreement it further reveals that the petitioners induced the investors to part with their valuable consideration and because of such dubious designs the petitioners have gained wrongfully there by causing wrongful loss to the investors. In respect of Kalyan Vihar Phase-I the investigating agency has received 164 complaints and amount invested by the complainant is Rs.53,85,500/-. Since the matter is under investigation and if at that stage the accused persons are allowed to be released on bail because of their standing in the society they will interfere with the ongoing investigation and thereby subverting the course of justice. The subsequent assurance in the Court to the effect that the petitioners are ready to handover the plots or refund the money with interest is of no significance and the petitioners are liable to be prosecuted under the Criminal law. The Investigating Officer has received about 1379 complaints from different persons belonging to different parts of the 8 State in connection with five projects which are subject matters of the various BLAPLs. 13. The petitioners have falsely and fraudulently represented before the prospective purchasers that Hi-Tech Estates and Promoters Pvt. Ltd. and Rajdhani Systems and Estates Pvt. Ltd. had transferable right and title in respect of the Kalyan Vihar Phase-I project area and other projects. Kalyan Vihar Phase-I started in 2003 and the Income Tax authorities seized the original land documents on 30.9.2005, but the petitioners without intimating the same to the purchasers went on collecting money even after Income Tax raid. The accused persons are involved in other economic offences cases relating to other projects. There is nothing wrong in the order passed by the Additional Sessions Judge warranting interference of this Court. It is submitted that the judgments of the Hon’ble Supreme Court relied upon by the petitioners are of no help to them as they are not applicable to the facts and circumstances of the cases and in none of the cases the Hon’ble Supreme Court considered the matter pending investigation. The Hon’ble Supreme Court in several cases observed that the economic offences need to be visited by the Courts with a different approach, considering large scale public interest involved therein. In support of his contention, Mr. Narasingh relied upon some decisions of the Hon’ble Supreme Court which are referred to hereinafter. Concluding his argument, Mr. Narasingh prayed for rejection of the petition. 14. From the rival contentions of both parties, the only question that arises for consideration by this Court is whether the petitioners 9 have made out a case for granting of regular bail to them on the basis of points urged by them. 15. Mr. Pal, learned counsel appearing on behalf of the petitioners has urged following points for grant of bail to the petitioners: (a) As per the allegations raised against the petitioners the dispute is of civil in nature and therefore, the criminal proceedings are not maintainable in law. At best, a case for breach of contractual similiciter may be made out which will not constitute an offence punishable under Sections 420 and/or 406, IPC; (b) The lands under the project could not be sold and handed over to the applicants including the informant for the following reasons: (i) (ii) Due to facing of Income Tax problems; Lands purchased by the Company being chaka lands, the same cannot be sold out to the applicants by fragmenting the same into sizeable sub-plots unless they are converted into homestead lands. (c) The petitioners are ready and willing to sell and deliver the land if the applicants shall wait for 2 to 3 years or it is open to them to get back their money with interest. 16. The first contention of the petitioners is that the case is of civil nature and the criminal proceedings are not sustainable in law. At best a case for breach of contract simpliciter may be made out, i.e., failure to keep promises within the agreed period. Offence of cheating cannot be made out. Placing reliance on the judgment of the Hon’ble Supreme Court in the 10 cases of Anil Mahajan vs. Bhor Industries Ltd. and another, (2005) 10 SCC 228; All Cargo Movers (I) Pvt. Ltd. vs. Dhanesh Badarmal Jain and another, 2007 AIR SCW 6667; Nageswar Prasad Singh alias Sinha vs. Narayan Singh and another, 1998 (15) OCR (SC) 542; Srimati Sabita Sundari Sahoo vs. State of Orissa, 2005(31) OCR 640 and in the case of Mukul Kumar Verma v. State of Orissa, 2010 (II) OLR 243, it was submitted that breach of contract simpliciter committed by the petitioners will not constitute any offence under Sections 420 and/or 406, IPC. 17. Now let’s see whether the present case is a breach of contract simpliciter as contended by Mr. Pal. This petition relates to the project Kalyan Vihar Phase-I. The petitioners in their own admission in the written note of submission states that agreement for sale of land in respect of the Kalyan Vihar Phase-I project have been entered into with 2673 applicants out of which the Company has already allotted plots and completed registration in respect of 2149 persons and the Company is required to allot plots to 524 persons who have completed payments and executed agreement. The company still has Ac. 30.894 decimal of land available with them in respect of this project and after calculation of plots the company requires only Ac.18.765 decimal of land to distribute among 524 persons. However, the land in question could not be transferred to the applicant as the land available with the Company are chaka lands which cannot be sold out by fragmenting said land into sizeable sub-plots unless converted to homestead land. From own admission of the petitioners it is clear that agreements have been entered into with various applicants on receiving full payment when the 11 company was not in possession of genuine transferable/ saleable
Decision
In view of the above judicial pronouncements relied upon by the petitioners in support their contention that the present case is a breach of contract simpliciter and no offence under Sections 420 and 406 IPC have been committed by the petitioners, are of no help to the petitioners in the factual scenario described above. 25. The first difficulty for not transferring the land to the applicants as stated by the petitioners is that there were income tax problems because of seizure of land documents by the Search party during search and seizure operation. It is the specific case of the prosecution that the Income tax authorities seized the land documents on 30.9.2005, but the petitioners without intimating the fact of seizure of land documents by the Income Tax Department to the purchasers went on collecting money after such search and seizure operation. Further case of the prosecution is that the petitioners have collected maximum amount after Income tax raid. Had the petitioners not been able to transfer/ sell land in question to the applicants due to income tax search and seizure operation, they should have intimated the same immediately after the income tax seizure and should not have collected the money/installments from the applicants. This prima facie shows that the petitioners with dishonest intention have cheated the public and misappropriated their money knowing very well that they were not in a position to provide land to the applicants. Hence, their plea of income tax raid for not transferring the lands to the applicants is not tenable in law. 16 26. The second reason for not transferring the land in favour of the applicants is that the lands available with the Company are chakka lands which cannot be sold out to the applicants by fragmenting the land into sizable sub-plots unless they are converted to homestead land. The declaration made in the agreement shows that the company had acquired lands and made those suitable for the purpose of proposed house site under the name and style of Kalyan Vihar Phase-I. After making such declaration, the subsequent plea of the petitioners that there are some chaka lands which could not be converted to homestead and chaka land cannot be fragmented into sub-plots itself prima facie shows the dishonest intention of the petitioners. 27. The third contention of the petitioners that they are ready and willing to allot plots to the customers as per their desire and if any customer does not want to take the land and wants refund of his money, the company will also return to the customers/applicants with interest. Such an undertaking before this Court after the petitioners being faced with criminal liability would not wash away the culpability of the petitioners and that cannot be a ground for grant of bail to the petitioners. 28. As it reveals from the investigation made so far, thousands of innocent investors mostly belonging to lower and lower middle class were duped and their hard earned money were misappropriated by the petitioners. The investors are spread over throughout the State of Odisha and some of them are from out side the State. Since the petitioners did not sell the plots to the investors as per agreement, 17 F.I.Rs. and complaints were filed against the petitioners. In course of investigation, as stated above, many things have been unearthed against the petitioners showing their dishonest intention to collect money from the gullible investors and divert the same to other sister concern for their benefit. It is alleged that investors are not provided with plots in spite of repeated requests and persuasions. The magnitude of dishonest intention is writ large. 29. The paper publication made by both the Companies, i.e., Hi- Tech Estates and Promoters Pvt. Ltd. and Rajdhani Systems and Estates Pvt. Ltd. in “The New Indian Express”, “The Samaja”, “The Samaya’, “The Dharitri” to the effect that the Companies have 460 acres of land available with them which can easily be allotted to the interested customers, if they wait for some period and if any person who is not desirous to wait for that period, he may give in writing for refund money with interest. Such paper publication being dated 31.01.2013, i.e, after the F.I.Rs. were lodged against the petitioners, the petitioners cannot take advantage of the same to prove their bona fide. The claim of the petitioners that in the year 2010, the investors were intimated that due to several problems the Company is not able to register the plots immediately, is also of no help to the petitioners to prove their bona fide, as in the instant case, Kalyan Vihar project commenced in 2000 and was to complete in December, 2004. Besides, as stated above, as per petitioners’ own admission they are not in possession 18 of genuine transferable/saleable homestead land in question to sell the informant and other investors in pursuance of their own promise. 30. The Hon’ble Supreme Court in several cases observed that economic offences need to be visited by the Court with a different approach, considering the large scale public interest involved therein. The economic offenders strike a serious blow at the socio-economic structure of the country and consume the economic fiber of the society by financially exploiting the common people. 31. In Prahalad Singh Bhati v. NCT, Delhi, (2001) 4 SCC 280 the Hon’ble Supreme Court held that; “8..... While granting the bail, the court has to keep in mind the nature of accusations, the nature of evidence in support thereof, the severity of the punishment which conviction will entail, the character, behaviour, means and standing of the accused, circumstances which are peculiar to the accused, reasonable possibility of securing the presence of the accused at the trial, reasonable apprehension of the witnesses being tampered with, the larger interests of the public or the State and similar other considerations. It has also to be kept in mind that for the purposes of granting the bail the legislature has used the words ‘reasonable ground for believing’ instead of ‘the evidence’ which means the court dealing with the grant of bail can only satisfy it (sic itself) as to whether there is a genuine case against the accused and that the prosecution will be able to produce prima facie evidence in support of the charge. It is not expected, at this stage, to have the evidence establishing the guilt of the accused beyond reasonable doubt.” 32. The Hon’ble Supreme Court in the case of Dipak Shubhashchandra Mehta v. CBI and another, (2012) 4 SCC 134, wherein been held as under: “32. The Court granting bail should exercise its discretion in a judicious manner and not as a matter 19 of course. Though at the stage of granting bail, a detailed examination of evidence and elaborate documentation of the merits of the case need not be undertaken, there is a need to indicate in such orders reasons for prima facie concluding why bail was being granted, particularly, where the accused is charged of having committed a serious offence. The court granting bail has to consider, among other circumstances, the factors such as (a) the nature of accusation and severity of punishment in case of conviction and the nature of supporting evidence; (b) reasonable apprehension of tampering with the witness or apprehension of threat to the complainant; and (c) prima facie satisfaction of the court in support of the charge. In addition to the same, the court while considering a petition for grant of bail in a non- bailable offence, apart from the seriousness of the offence, likelihood of the accused fleeing from justice and tampering with the prosecution witnesses, have to be noted.” 33. Considering the nature of offence, its magnitude and ramification as alleged, materials available on record, the rival contentions of the parties and keeping in mind the principle of law laid down by the Hon’ble Supreme Court, I am not inclined to accept the prayer for bail to the petitioners. It is, however, made clear that the observations made above are in the context of prayer for bail and shall not be treated to be conclusive and determinative for the purpose of trial, if any. 34. Accordingly, the bail petition is rejected. Orissa High Court, Cuttack Dated 4TH April, 2013/ssd …...…………………….. B.N.Mahapatra, J