AKSHAYA KUMAR PRADHAN @ AKSHYA PRADHAN v. STATE OF ODISHA
BLAPL/307/2026 · 2026-02-25
Gourishankar Satapathy
body2026
DailyLaw.ai
[ 2026 DAILYLAW 532 (ORI) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 532 (ORI) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
IN THE HIGH COURT OF ORISSA AT CUTTACK
BLAPL No. 307 of 2026
Akshaya Kumar Pradhan @ Akshya Pradhan … Petitioner Mr. J. Sahoo, Advocate
-versus- State of Odisha … Opposite Party Mr. T.K. Acharya, Addl. PP
CORAM:JUSTICE G. SATAPATHY
Order No.
ORDER(ORAL)25.02.2026
01. 1. This matter is taken up through Hybrid Arrangement (Virtual/Physical Mode). 2. This is an application U/S.483 of BNSS by the petitioner for grant of bail in connection with GR Case No. 681 of 2025 arising out of Purusottampur PS Case No. 686 of 2025 pending in the file of learned JMFC, Purusottampur for commission of offences punishable U/Ss.318(4)/316(2)/316(5)/3(5) of BNS, on the main allegation of misappropriating loan repayment amount of Rs. 55,73,207/- by diverting the same to his own account and asking the loanees to transfer such loan amount to his personal account. 3. Heard, Mr. Jyotirmaya Sahoo, learned counsel for the Petitioner and Mr. T.K. Acharya, learned Addl. Public Prosecutor in the matter and perused the record. 4. After having considered the rival submissions upon perusal of record, there appears allegation against the Petitioner for misappropriating loan repayment amount of the loanees by receiving such amount directly from the loanee to his own account, but the Petitioner is in custody since 02.09.2025 and in the
meantime, charge sheet has already been submitted, however, there is no criminal antecedent reported against the Petitioner except the present one as confirmed by the learned Addl. PP. Besides, the offences alleged against the Petitioner are triable by Magistrate. Further, the Petitioner is an employee of Satin Credit Care Network Ltd. In the aforesaid facts and circumstance and taking into account the pre-trial detention of the petitioner in custody and there being no criminal antecedent reported against the Petitioner and keeping in view no material having been collected by the Investigating Agency to indicate about probability of absconding of the Petitioner, if released on bail, this Court without expressing any view on merits admits the Petitioner to bail. 5. Hence, the bail application of the petitioner stands allowed and the petitioner is allowed to go on bail on furnishing cash surety of Rs.1,00,000/- (Rupees One Lakh), in addition to bail bonds of Rs.50,000/- (Rupees Fifty Thousand) with two solvent sureties each for the like amount to the satisfaction of the learned Court in seisin of the case on such terms and conditions as deem fit and proper by it. 6. Accordingly, the BLAPL stands disposed of. A soft copy of this order be immediately communicated to the concerned Court, who shall afterwards communicate the same to the concerned Jail through e- mail for reference.
(G. Satapathy)
Judge Priyajit