1 CGHC010261002026 2026:CGHC:38257 NAFR HIGH COURT OF CHHATTISGARH AT BILASPUR MCRC No. 7080 of 2026 • Vinay Krishna Ratre S/o Late Bhuwanlal Ratre Aged About 31 Years R/o Infront Of Balmukund School, House No. 148, Talapara, Bharti Nagar Chowk Bilaspur, Civil Line, District- Bilaspur, Chhattisgarh ... Applicant Versus • State Of Chhattisgarh Through Station House Officer, Police Station Civil Line, District- Bilaspur, Chhattisgarh ... Non-Applicant For Applicant : Mr. Shikhar Agnihotri, Advocate For Non-Applicant : Mr. Nitansh Jaiswal, Panel Lawyer Hon'ble Shri Parth Prateem Sahu, Judge ORDER ON BOARD 25/08/2026 1. This sixth bail application is filed by the applicant 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. 268/2024 registered at Police Station – Civil Line, Bilaspur, District – Bilaspur, Chhattisgarh for the offences punishable under Sections 420, 467, 468, 471, 34 of I.P.C., 1860 and Section 4, 5 and 6 of Prize Chits & Money Circulation 1978 and Section 10 of Chhattisgarh Depositors Interest Protection Act, 2005. 2. Case of prosecution is that, complainant Narendra Kumar Dubey lodged report in the concerned Police Station alleging that based on allurement given by applicant that he is running a company and under the scheme of Sai Krishna Investment, he is providing higher returns. The complainant PAWAN KUMAR JHA Digitally signed by PAWAN KUMAR JHA Date: 2026.08.25 19:42:37 +0530 2 by way of different installments through online transferred money, invested sum of Rs. 49,00,000/-. The agreement in this regard was also executed by applicant for refund of money at higher rate of interest and also handed over the post dated cheque as an assurance to return the money. Later on, money was not returned as agreed. Based on the report, aforementioned crime was registered and applicant was arrested on 21.03.2024. After investigation, charge-sheet has been filed for the aforementioned offences. 3. Learned counsel for the applicant submit that this application for grant of bail has been filed on the ground of delay in trial. He contended that applicant is in jail since 21.03.2024 and till date only 8 witnesses have been examined including two complainants out of 27 enlisted witnesses. Trial may take some time, hence, he may be enlarged on bail. 4. On the other hand, learned State counsel opposes the submission made by counsel for the applicant and would submit that the first bail application as also the second application filed by applicant was dismissed on merits observing that transaction of huge amount of more than Rs. 1 Crore has been made in the account of applicant and therefore this application may be dismissed. 5. I have heard learned counsel for the respective parties and perused the documents filed along with the bail application. 6. The allegation levelled against applicant is that applicant has procured the money from private persons/ complainants, however, the said amount has not been returned to them. 7. Taking into consideration, facts and circumstances of the case, nature of allegations, submission of learned counsel for the respective parties in particular the submission that only 8 witnesses have been examined out of 27 enlisted witnesses till date and period of pre-trial detention of 3 applicant since 21.03.2024, trial is likely to take sometime, without commenting anything on merits of the case, I am inclined to allow this application for grant of bail. 8. Accordingly, the bail application is allowed and it is directed that applicant shall be released on bail upon furnishing a personal bond in the sum of Rs. 25,000/- with one surety in the like sum to the satisfaction of Trial Court concerned on the conditions that: (a) 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. (b) 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. (c) 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. (d) 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. 9. Office is directed to send a certified copy of this order to the trial Court concerned for necessary information and compliance forthwith. Certified copy as per rules. Sd/- (Parth Prateem Sahu) Judge pwn