TaxTMI 
TaxTMI 
2025 (7) TMI 2016
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.... Police Station, Narnaul. 2. The gravamen of the FIR in question reflects that the complainant namely Udai Singh, son of Shri Tulsi Ram and resident of Plot No. 477, HUDA, Sector-1, Narnaul, filed a written complaint concerning fraudulent withdrawals from his joint account (No.0360009900000377) maintained with his wife, Smt. Sumitra Yadav, at Punjab National Bank, Branch New Mandi, Narnaul. He alleged that on 31.08.2024, the complainant received calls from two mobile numbers i.e. 9306038251 at 12:58 PM and 9782238028 at 3:09 PM purportedly from a bank official, requesting payment of loan interest. The complainant informed the caller that he had already made advance payments toward the loan and as such no interest was due. The caller ther....
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.... has been registered against unknown persons and the petitioner has not been named as an accused in the FIR and hence there is not direct allegations made against him. Learned counsel has further iterated that the petitioner has been suffering from neurological and psychiatric disorders since the year 2017 and is currently under medical treatment, copy whereof has been annexed as Annexure P-2 with the instant petition. According to learned counsel, owing to mental health condition of the petitioner, he has been unable to manage or open a bank account independently. A close relative, who is a co-accused in this case, exploited the vulnerability of the petitioner by opening a bank account in his name and registering his own mobile number for ....
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....unsel has opposed the grant of anticipatory bail to the petitioner by arguing that the offence committed by the petitioner is serious in nature. He submits that a substantial portion of the misappropriated amount, specifically a sum of Rs.10,00,000/- has been traced to Union Bank Account No. 207722010001791, which stands in the name of the applicant-accused. He has further contended that in light of these incriminating financial trails and the seriousness of the allegations, the custodial interrogation of the petitioner is imperative for a fair and thorough investigation. According to him, the custodial interrogation is essential to unravel the broader conspiracy, identify the co-conspirators, and recover the defrauded amount. He has furthe....
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....ed that the custodial interrogation of the petitioner is indispensable for the purpose of effectively unravelling the modus operandi of the accused persons, identifying the broader nexus involved in the fraud, and recovering the siphoned amount. The nature and gravity of the offence, involving organized cybercrime and financial deceit, necessitate a thorough investigation, which, at this stage, cannot be conducted without the petitioner being in custody. Moreover, even considering the medical grounds raised by the petitioner, no exceptional or compelling circumstance has been demonstrated which would warrant the grant of anticipatory bail in such a serious economic offence. 7. It is befitting to mention here that while adjudicating the b....