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Judgment
This order shall dispose of afore-mentioned four
regular bail applications filed by petitioner, Rajesh in FIR No.315
dated 21.10.2014, FIR No. 331 dated 06.11.2014, FIR No. 321 dated
30.10.2014 and FIR No.40 dated 12.02.2014 registered under Sections
406, 420 and Section 120-B IPC at Police Station DLF Phase-I,
Gurgaon.
It is contended that the petitioner has been indicted
for the offence punishable under Section 420 IPC, therefore, as per the
provisions of Section 437(6) of the Code of Criminal Procedure, if trial
does not conclude within a period of 60 days from the first date fixed
for taking evidence in the case, the accused is entitled to be released on
bail. Learned counsel further refers to the chart of the status report filed
on behalf of the State on 26.09.2016, to contend that the challan has
been filed only in eleven FIRs whereas, after filing the status report,
four more challans have also been filed and subject matter of these 16
FIRs is Rs.5.48 crores whereas, in Police Station Bhupani, District
Faridabad, challans have been filed only in 25 FIRs out of 45 FIRs.
Settlement has been reached in respect of remaining 20 FIRs. Learned
counsel for the petitioner further states that the petitioner owns another
project, namely, Jupiter Land Developers Private Limited at Neemrana
wherein the petitioner is Additional Director along with three others
who happen to be the family members of the petitioner. The whole
project has been acquired by the State of Rajasthan. The State has
passed an Award to the tune of more than Rs.18 crore, 20 lacs. Learned
counsel, on instructions, states that the amount is likely to be received
within two months. Accordingly, the petitioner undertakes that within
one month of the receipt of the amount, he shall discharge his liability
in all the FIRs reflected in the reply filed by the State including the FIR
registered at Police Station Manesar, Gurgaon in respect of which the
bail applications are listed before a Coordinate Bench.
In view of the undertaking given by the learned
counsel for the petitioner that the entire liability shall be discharged
within one month from the date of receipt of amount from Neemrana
acquisition proceedings, the present petitions are allowed, at this stage
without going into the the merits of the case. The petitioner is ordered
to be released on bail in all the aforesaid four FIRs on his furnishing
bail bonds and surety bonds to the satisfaction of trial Court/duty
Magistrate. However, the petitioner shall remain bound by the
statement made before the Court. If the payment is not made within
approximate three months from today, the victims/prosecution shall be
at liberty to revive the present petitions or initiate any other
proceedings as per law.
The petitions are allowed.
