1 2026:CGHC:23254 NAFR HIGH COURT OF CHHATTISGARH AT BILASPUR MCRC No. 4135 of 2026 Syed Rashid Hashmi S/o Basar Hashmi Syed Aged About 61 Years R/o House No. 13/15, East Patel Nagar, Patel Nagar, Central Delhi, Delhi 110008 ... Applicant versus State Of Chhattisgarh Through The Station House Officer, Police Station Ganj, District – Raipur, Chhattisgarh. ---- Non-applicant For Applicant : Mr. Sachin Nidhi, Advocate. For Non-applicant/State : Dr. Sourabh K. Pande, Dy. Advocate General. Hon'ble Shri Ramesh Sinha , Chief Justice Order on Board 15.05.2026 1. The applicant has preferred this First Bail Application under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 for grant of regular bail, as he has been arrested in connection with Crime No. 57/2018, registered at Police Station – Ganj, District – Raipur (C.G.) for the offence punishable under Sections 406, 409, 420 and 120B of the IPC read with Section 4, 5, 6, 9 and 10 of the Prize Chits and Money Circulation Scheme (Banning) Act, 1978. 2. The case of the prosecution, is that a report was made by Pareshwar Dewangan that he along with others on the allurement made by the persons of K.M.J. Land Developers India Ltd. had deposited certain amounts in the said company with an assurance of returning the deposits with high returns. However subsequently the Company was closed and the amounts of the depositors including that of the complainant were not returned. It is also the case of the prosecution RAJSHEKHAR SONI Digitally signed by RAJSHEKHAR SONI 2 that the money was circulated without permission of the RBI or SEBI, thereby the offence has been committed. On the basis of aforesaid story of the prosecution, the crime was registered against the applicant and the co-accused person. Hence, this application. 3. It is argued by the learned counsel for the applicant that the applicant is innocent and has been falsely implicated in this case and there are 25 criminal antecedents of the applicant out of which in 20 cases the applicant is on bail. It is further submitted that the applicant is in jail since 28.02.2026 and trial is likely to take quite long time for its conclusion, therefore, he prays for grant of bail. 4. On the other hand, the learned State counsel opposes the bail application and submits that there are 25 criminal antecedents of the applicant, therefore, he is not entitled for grant of bail. 5. I have heard learned counsel for the parties and perused all of the documents available on record. 6. Taking into consideration the facts and circumstances of the case, nature and gravity of allegation levelled against the applicant and the fact that there are 25 criminal antecedents of the applicant out of which in 20 cases the applicant is on bail, the applicant is in jail since 28.02.2026 and conclusion of the trial is likely to take some time, I am inclined to allow this application. 7. Let applicant, Syed Rashid Hashmi, involved in Crime No. 57/2018, registered at Police Station – Ganj, District – Raipur (C.G.) for the offence punishable under Sections 406, 409, 420 and 120B of the IPC 3 read with Section 4, 5, 6, 9 and 10 of the Prize Chits and Money Circulation Scheme (Banning) Act, 1978, be released on bail on his furnishing a personal bond with two local sureties in the like sum to the satisfaction of the Court concerned with the following conditions:- (i) The applicant shall file an undertaking to the effect that he shall not seek any adjournment on the dates fixed for evidence when the witnesses are present in court. In case of default of this condition, it shall be open for the trial court to treat it as abuse of liberty of bail and pass orders in accordance with law. (ii) The applicant shall remain present before the trial court on each date fixed, either personally or through his counsel. In case of his absence, without sufficient cause, the trial court may proceed against him under Section 269 of Bharatiya Nyaya Sanhita. (iii) In case, the applicant misuses the liberty of bail during trial and in order to secure his presence, proclamation under Section 84 of BNSS. is issued and the applicant fails to appear before the court on the date fixed in such proclamation, then, the trial court shall initiate proceedings against him, in accordance with law, under Section 209 of the Bharatiya Nyaya Sanhita. (iv) The applicant shall remain present, in person, before the trial court on the dates fixed for (i) opening of the case, (ii) framing of charge and (iii) recording of statement under Section 351 of BNSS. If in the opinion of the trial court absence of the applicant is deliberate or without sufficient cause, then it shall be open for the trial court to treat such default as abuse of liberty of bail and proceed against him in accordance with law. 8. Office is directed to send a certified copy of this order to the trial Court concerned for necessary information and compliance forthwith. Sd/- (Ramesh Sinha) Chief Justice Rajshekhar