1 2025:CGHC:53536 NAFR HIGH COURT OF CHHATTISGARH AT BILASPUR MCRC No. 8014 of 2025 Narendar Singh Mehta S/o Late Pratap Singh Mehta Aged About 68 Years R/o House No.421 Govind Valley Ropad, Police Station City Ropad, District : Rupnagar, Punjab ... Applicant In Jail versus State Of Chhattisgarh Through Station House Officer Police Station Kawardha, District : Kabirdham, Chhattisgarh ... Respondent For Appellant : Mr. Dheerendra Pandey, Advocate For Respondent : Ms. Sunita Sahu, Panel Lawyer Hon’ble Smt. Justice Rajani Dubey, J Order on Board 03/11/2025 The applicant has filed this application under Section 483 of BNSS Act for grant of bail as he is arrested in connection with Crime No.363/2015 registered at Police Station – Kawardha, Distt. Kabirdham 2 for the offence under Sections 420, 406 read with 34 of IPC, 03, 04, 05 of Prize Chit Fund and Money Circular Act and Section 10 of CG Protection of Depositors’ Interest Act, 2005. 02. As per prosecution case, the applicant was the nominated Director of PACL India Ltd. Company and other chit fund company. The said company had offices in more than one city in Chhattisgarh where money was collected from general public by alluring them to pay high interest in the name of land purchase and sale and to double the amount in about six years. A total sum of Rs.52,42,236/- was collected from 266 depositors and the amount was not returned to them. Hence the aforesaid offence was registered against the applicant and co- accused. 03. Learned counsel for the applicant submits that the applicant is an innocent person and has been falsely implicated in this case. The applicant has not received any amount from the depositors. His name was also not mentioned in the FIR and he is arrested only on the basis of memorandum of the co-accused. He submits that co-accused have been granted bail by this Court in MCRC No.7281/24, 7157/22, 7706/22, 4472/23 and 3513/25. The applicant is in jail since 12.9.2025 and there is all possibility that conclusion of trial will take some time. Therefore, the applicant may be released on bail. 04. On the other hand, learned counsel for the State opposes the bail application. She, however, does not dispute that the other co- accused have been granted bail by this Court. 3 05. Heard learned counsel for the parties and perused the case diary. 06. Considering the facts and circumstances of the case, in particular the fact that other co-accused persons have already been granted bail by this Court, the applicant is in jail since 12.9.2025 and conclusion of trial is likely to take some time, without commenting anything on merits of the case, the application is allowed. It is directed that the applicant shall be released on bail on his executing a personal bond for a sum of Rs.1 lakh with one local surety for the like amount to the satisfaction of the concerned trial Court for his appearance before the said Court as and when directed till conclusion of the trial. Certified copy as per rules. Sd/ (Rajani Dubey) Judge Khan MOHD AKHTAR KHAN Digitally signed by MOHD AKHTAR KHAN Date: 2025.11.03 16:32:13 +0530