Extracted from the PDF above. The PDF is authoritative.
p. 1 IN THE HIGH COURT OF ORISSA AT CUTTACK
Prabodha Kumar Singh @ Prem (In BLAPL No.11641 of 2025) Ashok Kumar Badaik
(In BLAPL No.12265 of 2025) Dibakar Parmanik
(In BLAPL No.13812 of 2025) … Petitioners
Mr. P.R. Chhatoi, Advocate
(in BLAPL No.11641 of 2025) Mr. A. Mohanty, proxy counsel on behalf of Mr. U. Barik, Advocate
(in BLAPL No.12265 of 2025) Ms. A. Panda, Advocate
(in BLAPL No.13812 of 2025)
-versus- State of Orissa … Opposite Party Mr. M.R. Patra, Addl. PP
CORAM:
JUSTICE G. SATAPATHY
Order No.
ORDER(ORAL) 06.01.2026
02. 1. This matter is taken up through Hybrid Arrangement (Virtual/Physical Mode). 2. Since these three bail applications arise out of one and same case record, the same are heard together and disposed of by this common order with the consent of the learned counsel for the parties. 3. These are the bail applications U/S.483 of BNSS by the petitioners for grant of bail in connection with Rourkela Cyber PS Case No.20 of 2025 corresponding to GR Case No.2581 of 2025 pending in the file of learned SDJM(P), Rourkela, for commission of offences punishable U/Ss.318(4)/319(2)/336(3)/338/340(2)/61 p. 2 (2) of BNS r/w Sections 4/5/6 of Prize Chits and Money Circulation Schemes (Banning) Act and Sections 66(C)/66(D) of IT Act, on the main allegation of collecting investment for the Company MSQ by alluring the investors with lucrative schemes and assuring them for payment of high returns. 4. Heard, Mr. Pranab Ranjan Chhatoi, learned counsel for the petitioner in BLAPL No.11641 of 2025; Mr. Ajit Mohanty, learned proxy counsel appearing on behalf of Mr. Umakanta Barik, learned counsel for the petitioner in BLAPL No.12265 of 2025; Ms. Anitarani Panda, learned counsel for the petitioner in BLAPL No.13812 of 2025 and Mr. M.R. Patra, learned Additional Public Prosecutor in the matter and perused the record. 5. After having considered the rival submissions and taking into consideration the nature and gravity of the offences as alleged against the petitioners vis-à-vis the accusations sought to be brought against them and regard being had to the pre-trial detention of the petitioners in custody since 23.09.2025 with submission of preliminary charge-sheet in the meantime and the financial implication being for Rs.6,68,000/- as confirmed by the learned State Counsel and keeping in view the other circumstances on record in entirety including the inherent right of the accused to be presumed innocent until proven guilty at the trial and the petitioners being not the owner of the Company p. 3 namely MSQ, this Court without expressing any view on merits admits each of the petitioners to bail. 6.
6. Hence, these three bail applications of the petitioners namely Prabodha Kumar Singh @ Prem (In BLAPL No.11641 of 2025); Ashok Kumar Badaik (In BLAPL No.12265 of 2025) and Dibakar Parmanik (In BLAPL No.13812 of 2025) are allowed and each of the petitioners is allowed to go on bail on furnishing bail bonds of Rs.50,000/- (Rupees Fifty Thousand) with one solvent surety for the like amount to the satisfaction of the learned Court in seisin of the case on such terms and conditions as deem fit and proper by it with following conditions:-
(i) the petitioners shall cooperate the further investigation, if any,
(ii) the petitioners in the course of trial shall attend the trial Court on each date of posting without fail unless their attendance is dispensed with. In case the Petitioners fail without sufficient cause to appear in the Court in accordance with the terms of the bail, the learned trial Court may proceed against the Petitioners for offence U/S.269 of BNS, 2023 in accordance with law. 7. Accordingly, these BLAPLs stand disposed of. 8. Issue urgent certified copy of the order as per Rules. (G. Satapathy)
Judge
Subhasmita Designation: Sr. Stenographer