TaxTMI 
TaxTMI 
2020 (3) TMI 1370
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.... Shri Vivek Singh, Advocate in M.Cr.C. No.10585/2020. Respondent by Shri Vikram Dubey and Ms. Bhagyashri Sugandhi, Advocates. ORDER These are first applications under Section 439 Cr.P.C. by applicants - Dinesh Kumar S/o. Amar Singh in M.Cr.C. No.9763/2020 and Sudhir Kumar Kad S/o. Shri Kewal Krishan Kad in M.Cr.C. No.10585/2020, who have been arrested by Police on 24.2.2020 in Crime No.RC-00820....
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....lected funds from the bank by creating forged documents in the name of different entities and managed to diver the funds to its own companies or the companies controlled by the same group. 4. Shri Vijay Kumar Harit, Chief Manager, PNB submitted a written complant dated 16.1.2018 that Dinesh Kumar, the then Chief Manager, PNB, Kanthal Branch, Ujjain; sudhir Kumar Kad, the then Sr. Manager, PNB, Ka....
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.... power. Irregularities were found in pre-sanction visits by the applicants. The business premises of the firm mentioned in the loan proposal is different from the place visited by the bank officials. There is no mention of available coal stock in the spot verification report. The pre-sanction visit by applicants on 11.7.2013 was found to be false, therefore, the mandatory presanction visit was del....
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....e to conclude. Since the investigation has been completed and a charge-sheet has been filed, there is no likelihood of tempering with the evidence and influencing the witnesses, the applicants be released on bail. 7. On the other hand, learned counsel appearing for the respondent, CBI, submit that against the applicant - Dinesh Kumar, as many as 8 cases have been registered and out of which, in 3....