p. 1 IN THE HIGH COURT OF ORISSA AT CUTTACK ABLAPL No. 1128 of 2025 Padmanabhan Pillai …. Petitioner Mr. J. Pal, Advocate -Versus- State of Odisha & another …. Opposite Parties Mr. S.K. Brahma, ASC Mr. L. Samantray, Advocate for Informant CORAM: MR. JUSTICE R.K. PATTANAIK Order No. ORDER 21.04.2026 06. 1. Heard Mr. Pal, learned counsel for the petitioner and Mr. Brahma, learned ASC for the State also Mr. Samantray, learned counsel for the informant. 2. Instant petition under Section 482 BNSS is filed seeking pre-arrest bail of the petitioner in connection with Laxmisagar P.S. Case No. 19 of 2025 pending in the file of learned JMFC-IV, (Cog.), Bhubaneswar corresponding to C.T. Case No.48 of 2025 on the grounds stated. 3. A case under Section(s) 406, 409, 420 IPC has been registered and it has been on the basis of a report lodged by the informant, an employee of the Falcon Marine Exports Pvt. Ltd. Mr. Pal, learned counsel for the petitioner submits that the money of the said company has not been misappropriated which is evident from the F.I.R. itself. It is further submitted p. 2 that the petitioner resigned from the job in the year 2024 having joined the company in 2002 and shortly thereafter, the report was lodged and it has been alleged therein that during the period between November, 2021 and March, 2022, certain payments were made to the parties and it was by one Mr. Pichaiah at the instance of the petitioner. Mr. Pal, learned counsel for the petitioner would submit that the suppliers of the furniture have been paid and it is not a case that from out of the account of the company, any transfer has been made. It is informed to the Court that the petitioner’s account was freezed but subsequently, it was released by the order dated 14th October, 2025 of the learned JMFC-IV (Cog.), Bhubaneswar in Criminal Misc. Case No. 1446 of 2025 arising out of C.T. No. 48 of 2025. A copy of the said order is filed and taken on record. Under the above circumstances, Mr. Pal, learned counsel submits that there is no allegation of any misappropriation of the company’s money by the petitioner and therefore, he is entitled to go on bail thereby making the interim order dated 5th February, 2025 absolute. 4. Recorded the objection of Mr. Samantray, learned counsel for the informant and also State. Mr. Brahma, learned ASC produced the case diary and other relevant documents at his disposal for the Court’s perusal and it has been gone through at the time of hearing. 5. In fact, there has been no material adverse to the claim of company towards misappropriation of money by the p. 3 petitioner. The only allegation is that there was payment made to the suppliers of the furniture by one Mr. Pichaiah at the instance of the petitioner. Such enquiry by the Company is for the period between November, 2021 and March, 2022 as earlier stated. An amount of Rs. 1.34 crore was paid during the aforesaid period and Rs. 47 lacs by another supplier, namely, Mr. B.V.S. Hanuman. Considering the above facts and since there is no any incriminating material submitted to the Court by the State to show any kind of mischief committed by the petitioner, this Court is inclined to direct him to go on pre- arrest bail with conditions. 6. Accordingly, it is ordered. 7. In the result, the ABLAPL is disposed of with the direction as aforesaid. Consequently, the petitioner is allowed to go on bail in connection with C.T. Case No. 48 of 2025 arising out of Laxmisagar P.S. Case No. 19 of 2025 by the Arresting Officer in the event of being arrested on furnishing a bail bond of Rs.50,000/-(rupees fifty thousand) with one solvent surety for the like amount with the following condition that he shall cooperate the I.O. in the investigation presently stated to be in progress. 8. Issue urgent certified copy of this order as per rules. (R.K. Pattanaik) Judge kabita