1 CGHC010317342026 2026:CGHC:37558 NAFR HIGH COURT OF CHHATTISGARH AT BILASPUR MCRC No. 7573 of 2026 Snehanshu Namdev S/o Rakesh Namdev Aged About 37 Years R/o Sai Vilas, Janjgiri, Police Station Kumhari, District Durg Chhattisgarh ... Applicant(s) versus State Of Chhattisgarh Through Police Station Supela O.P. Smriti Nagar, Bhilai, District Durg Chhattisgarh ... Respondent(s) For Applicant(s) : Mr. Purnendra, Advocate. For Respondent(s) : Mr. S.S. Baghel, Government Advocate. Hon'ble Mr. Ramesh Sinha, Chief Justice Order on Board 21/08/2026 1. This is the first bail application filed under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for short ‘BNSS’) for grant of regular bail to the applicant who has been arrested in connection with Crime No. 1123/2025 registered at Police Station Smriti Nagar, Chowki Supela, Bhilai, District Durg (C.G.) for the offence punishable under Sections 318(4), 338, 336(2), 240(2), AKHILESH KUMAR DEWANGAN Digitally signed by AKHILESH KUMAR DEWANGAN 2 61(2) of BNS and Section 10 of C.G. Protection of Depositors Interest Act. 2. Case of the prosecution, in brief, is that the complainant, Karan Sharma, lodged a written complaint at Police Chowki Smriti Nagar, Police Station Supela, District Durg (C.G.), alleging that he was working as a teacher at Trade with Aveth, Smriti Nagar. He came to know through his friend that a company namely, Nisha Business Consultancy and Unique Investment Solution, operating from Surya Mall, Bhilai, was offering a return of 20% per month on investments in the share market. Induced by the said lucrative returns, the complainant invested a total amount of Rs.23,30,000/- between 27.09.2024 and 08.02.2025. Subsequently, he came to know that the said company had shut down its operations and its representatives had fled, thereby causing financial loss to him. On the basis of the complaint, allegations involving a total amount of Rs.66,47,000/- have been made in the FIR. Hence, the bail application. 3. Learned counsel for the applicant submits that the applicant has not committed any offence and he has been falsely implicated in offence in question. He further submits that identically situated co- accused persons, namely, Shubham Kumar Gupta, Somendra Patil, Nisha Manikpuri, Dolly Namdev and Dhatri Kosare, have already been granted bail by this Court vide orders dated 20.02.2026, 23.03.2026, 20.07.2026 and 02.07.2026 passed in 3 MCRC Nos. 1112/2026, 2684/2026, 6463/2026, 2994/2026, 5118/2026 and 3301/2026. He also submits that co-accused, Shubham Kumar Gupta has three criminal antecedents. The applicant is in jail since 29.09.2025, the applicant has two criminal antecedents of the year 2025 under the BNS, which are pending against the applicant, further the charge-sheet has been filed and the trial is likely to take some time for its conclusion. Therefore, he prays for grant of bail to the applicant. 4. On the other hand, learned State Counsel opposes the bail application and submits that the charge-sheet has been filed in the present case. He further submits that the applicant allegedly was involved in the affairs of Nisha Business Consultancy and Unique Investment Solution and, by inducing the complainant and other investors with the promise of 20% monthly returns on share- market investments, dishonestly obtained money from them, including the complainant’s amount of Rs.23,30,000/-, and thereafter the company shut down its operations, causing financial loss to the investors, but could not dispute the fact that co- accused persons, namely, Shubham Kumar Gupta, Somendra Patil, Nisha Manikpuri, Dolly Namdev and Dhatri Kosare have already been granted bail by this Court. 5. I have heard learned counsel appearing for the parties and perused the case diary. 6. Taking into consideration the facts and circumstances of the case, 4 nature and gravity of offence, period of detention of the applicant since 29.09.2025, the fact that though the applicant allegedly induced the complainant and other investors with a promise of 20% monthly returns, dishonestly obtained their money, including Rs.23,30,000/- from the complainant, and thereafter shut down the company, causing financial loss, but considering the fact that co-accused persons, namely, Shubham Kumar Gupta, Somendra Patil, Nisha Manikpuri, Dolly Namdev and Dhatri Kosare, have already been granted bail by this Court vide orders dated 20.02.2026, 23.03.2026, 20.07.2026 and 02.07.2026 passed in MCRC Nos. 1112/2026, 2684/2026, 6463/2026, 2994/2026, 5118/2026 and 3301/2026, out of which co-accused, Shubham Kumar Gupta has three criminal antecedents, therefore, the case of present applicant is identical to that of the said co-accused as the present applicant also has two criminal antecedents, which are of the year 2025 under the BNS and the same are pending, the charge-sheet has been filed, this Court is of the view that the applicant is entitled to be released on bail in this case. 7. Accordingly, the application is allowed. 8. Let the Applicant-Snehanshu Namdev, involved in Crime No. 1123/2025 registered at Police Station Smriti Nagar, Chowki Supela, Bhilai, District Durg (C.G.) for the offence punishable under Sections 318(4), 338, 336(2), 240(2), 61(2) of BNS and Section 10 of C.G. Protection of Depositors Interest Act, be 5 released on bail on his furnishing a personal bond with two 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. 6 9. Office is directed to send a certified copy of this order to the trial Court for necessary information and compliance. Sd/- (Ramesh Sinha) CHIEF JUSTICE Akhil