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| Pre-arrest bail denied to finance company's agents | | | early times report
Jammu, Oct 9 (JNF): Principal Sessions Judge Jammu Jang Bahadur Singh Jamwal today declined to grant pre-arrest bail to Sham Lal and Kuldeep Singh agents of Sheen Agro of Plantation Ltd Finance company.
According to the police case that the complainant lodged a written complaint before the court which was sent to the P/S Kana Chak for registration of the case. The complainant lodged the report against the petitioners and other accused stating therein that the accused Dr. Baldev Singh is owner of Finance Company Sheen Agro of Plantation Ltd. and the petitioners Sham Lal and Kuldeep Singh are their agents. The petitioners are running a fake company and are cheating the people. The complainant is an illiterate person and the petitioners have cheated him in respect of money.
They have also promised that the money will be doubled in five years, however, the complainant does not have the knowledge that the company is fake. The petitioners have conspired and prepared forged documents and gave him some forged receipts. The petitioners have refused to give back the money to the complainant. Finally has prayed for taking action against the petitioners and other accused. On the basis of this report, the police registered the case vide FIR No. 136/2012 U/Ss 419/420/467/468/34 RPC and commenced the investigation thereupon.
Police report further reveals that the investigation of the case is at its initial stage.
Principal Sessions Judge Jammu Jang Bahadur Singh Jamwal after hearing Public Prosecutor for the state whereas Adv Narinder Kumar for the petitioners observed that the police has still to verify the amount where has swindled. The complainant had deposited the money with the petitioners' company on the assurance that his money will be doubled in five years but now they are refusing to pay back the same to the complainant. The counsel for the petitioners has only laid his defence that no entrustment of any property has been established. The petitioners are still at large, the investigation is at the infancy stage and still the prosecution has to procure the evidence and the record which only known to the petitioners. In case such kind of people are shown leniency, the other likewise criminals will be encouraged. Court observed that in case the petitioners are admitted to bail in anticipation their arrest, there is no possibility of recovering the alleged amount as well as the relevant the documents therein. The offence alleged to have been committed by the petitioners is punishable with imprisonment for life. In such like circumstances, it will not be appropriate to accept the pre-arrest bail of the petitioners. With these observations Court dismissed the bail application of the petitioner.
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