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Judgment
Heard the parties.
So far as defect no. 9 (ii) is concerned, learned counsel for the petitioner undertakes to remove the same once the situation normalizes. As regards the
rest defects are concerned, same are ignored.
The petitioner is an accused in connection with Chas P.S. Case No. 123 of 2018.
The informant and his uncle Ramjee Singh had jointly purchased 20 ¾ decimals of land in Chira Chas. After the death of Ramjee Singh, his legal
heirs were made shareholders in the property. The petitioner being one of the legal heirs had expressed a desire to develop the land. The wife of the
informant was made a partner and a development agreement was also entered into for construction of a multi storied building. After the deed of
partnership was entered into, general power of attorney was taken from all the share holders. It has been alleged that the petitioner did not show the
income and expenditure and deposited the income from selling of flats in his account. It has further been alleged that the petitioner continued to
receive wrongful gain although one of the shareholders had died and the power of attorney was automatically revoked.
Mr. Anil Kumar, learned senior counsel for the petitioner, has submitted that the petitioner has also filed a complaint case against the informant, in
which cognizance has been taken under sections 323, 341, 386/448 of the Indian Penal Code. Learned senior counsel further submits that perusal of
the FIR would indicate that it is purely a civil dispute. Infact, one Jay Sinha has also filed a suit claiming title over the land in question in the year 2013
itself. It has also been submitted that the petitioner is in custody since 13.5.2020.
Mr. Pran Pranay, learned counsel for the informant, on the other hand has stated that in spite of death of one of the legal heirs namely Laljhari Devi,
the petitioner continued to exercise control over the business even though the power of attorney of Laljhari Devi was automatically revoked. It has
further been stated that the petitioner has gained huge amount and has also opened a fake bank account and infact the informant was not given his
share. Learned counsel therefore submits that the act of the petitioner does not entail grant of bail to the petitioner.
On consideration of the allegations levelled in the FIR as well as the arguments advanced by the respective sides, the dispute appears to be with
respect to the consequence of the development agreement and the sale of flats and shops and it has been claimed by the learned counsel for the
informant that the informant has not got his share. Infact, learned senior counsel for the petitioner has also stressed upon an agreement which was
entered into, in which the informant has relinquished his right with respect to the land in question.
Be that as it may, since the entire dispute appears to involve civil consequences and taking into consideration the fact that the petitioner is in custody
since 13.05.2020, the petitioner, named above, is directed to be released on bail, on furnishing bail bond of Rs.10,000/- (Ten thousand only), with two
sureties of the like amount each to the satisfaction of learned Chief Judicial Magistrate, Bokaro in connection with Chas P.S. Case No. 123 of 2018.
