AD 32 January 28, 2026 Ct. 28 SG CRM(A) 4427 of 2025 Reject An application for anticipatory bail under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 in connection with Bidhannagar East P.S. Case No.108/23 dated 04.10.2023 under Sections 406/420/34 of the IPC. And In the matter of: Sanjeev Gupta … petitioner Mr. Nilendra Narayan Ray … for the petitioner Mr. Debasish Roy, ld. PP Mr. Nirupam Dhali ... for the State Learned counsel for the petitioner submits that the allegation is merely of non-payment of loan taken from a bank. Learned Public Prosecutor representing the State strongly opposes the prayer for anticipatory bail, relies on the case diary and submits that after applying for a loan to the tune of more than Rs.5 crores, the petitioner sold off the collateral security given for obtaining such loan. The money taken was also immediately transferred to a company where the petitioner is the proprietor. Considering the above and the other incriminating materials available in the case diary, I do not consider this to be a fit case for granting anticipatory bail. The application for anticipatory bail is, thus, rejected. Urgent photostat certified copy of this order, if applied for, be supplied to the parties upon compliance of requisite formalities. (Jay Sengupta, J.) 2