Anticipatory Bail; Economic Offence; SBI Xpress Credit; Loan Fraud; Fake Documents; Orissa High Court; White-collar crime; BNSS; Section 482; Pre-arrest bail
 02 Sep, 2026
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Narendra Pradhan & Others Vs. State of Odisha(EOW)

  Orissa High Court ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,
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Case Background

As per case facts, an FIR was filed by an SBI Regional Manager against numerous borrowers for availing Xpress Credit loans using fake employment records. These loans were sanctioned across ...

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Document Text Version

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 1 of 48

IN THE HIGH COURT OF ORISSA AT CUTTACK

,

ABLAPL Nos.8803 of 2026

CNR Nos. ODHC010551762026

with

ABLAPL Nos.5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900,

7546 and 7760 of 2026

(CNR Nos. ODHC010363312026, ODHC010370342026,

ODHC010370522026, ODHC010414032026, ODHC010414592026,

ODHC010414622026, ODHC010416442026, ODHC010408842026,

ODHC010415242026, ODHC010422542026, ODHC010422652026,

ODHC010424112026, ODHC010437672026, ODHC010440752026,

ODHC010472502026 and ODHC010471402026 respectively)

In the matter of applications under Section 482 of the

Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023.

Narendra Pradhan

(In ABLAPL No.8803 of 2026)

Debasmita Ram

(In ABLAPL No.5590 of 2026)

Dilip Meher

(In ABLAPL No.5672 of 2026)

Bharati Nayak

(In ABLAPL No.5909 of 2026)

Madhusmita Samal

(In ABLAPL No.6300 of 2026)

Bhagyabati Gahan

(In ABLAPL No.6335 of 2026)

Pruthyraj Das

(In ABLAPL No.6337 of 2026)

Vaishali

(In ABLAPL No.6352 of 2026)

Smaranika Bhal

(In ABLAPL No.6510 of 2026)

ABLAPL/8803/2026

ODHC010551762026

2026:OHC:81

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 2 of 48

P.S. Biswa Bikash Mohanty

(In ABLAPL No.6513 of 2026)

Suresh Kumar Sahoo

(In ABLAPL No.6528 of 2026)

Santosh Kumar Panda

(In ABLAPL No.6563 of 2026)

Debasish @ Debasis Behera

(In ABLAPL No.6719 of 2026)

Jogendra Nayak

(In ABLAPL No.6896 of 2026)

Diptimayee Behera

(In ABLAPL No.6900 of 2026)

Smrutiranjan Sethy

(In ABLAPL No.7546 of 2026)

Abhaya Kumar Panigrahi

(In ABLAPL No.7760 of 2026)

Petitioners

-versus-

State of Odisha(EOW)

… Opp. Party

Advocate(s) Appeared in this case

For Petitioners - Mr. L. Samantaray, Sr. Advocate

along with Mr. B.P. Pradhan,

Advocate

(In ABLAPL Nos.6528 & 6563 of

2026)

Mr. M.K. Chand, Advocate

(In ABLAPL Nos.8803, 6335,

6337, 6513 & 6896 of 2026)

Mr. R.K. Mallick, Advocate

(In ABLAPL Nos.5672, 5909 &

6510 of 2026)

Mr. P. Mohapatra, Advocate

(In ABLAPL No.5590 of 2026)

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 3 of 48

Mr. B.N. Bhol, Advocate

(In ABLAPL No.6300 of 2026)

Dr. S.K. Kanungo, Advocate

(In ABLAPL No.6352 of 2026)

Mr. T.K. Mohanty, Advocate

(In ABLAPL No.6719 of 2026)

Mr. S. Panigrahi, Advocate

(In ABLAPL No.6900 of 2026)

Mr. M.B. Smrutiranjan, Advocate

(In ABLAPL No.7546 of 2026)

Mr. C.R. Satapathy, Advocate

(In ABLAPL No.7760 of 2026)

For Opp. Party - Mr. S. Panigrahi,

Addl. Standing Counsel (In all

ABLAPLs)

CORAM :

MR. JUSTICE V. NARASINGH

----------------------------------------------------------------

DATE OF HEARING : 27.08.2026

DATE OF JUDGEMENT : 02.09.2026

----------------------------------------------------------------

V. Narasingh, J.

1. Since all the ABLAPLs relate to EOW,

Bhubaneswar P.S. Case No.8 of 2026, on the

consent of the parties, they are taken up together

and are disposed of by this common judgment.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 4 of 48

2. Heard learned Senior Counsel and learned

counsel for the Petitioners and learned counsel for

the State.

3. The Petitioners are seeking pre-arrest bail in

connection with C.T. Case No.8 of 2026 and C.T.

Case No.177 of 2026 respectively, pending on the

file of the learned O.P.I.D., Cuttack and learned

S.D.J.M., Bhubaneswar respectively, arising out of

E.O.W. Bhubaneswar P.S. Case No.8 of 2026, for

commission of offences punishable under Sections

409

1

/420

2

/467

3

/468

4

/471

5

/120-B

6

of the I.P.C.

1

409. Criminal breach of trust by public servant, or by banker,

merchant or agent .—Whoever, being in any manner entrusted with

property, or with any dominion over property in his capacity of a public

servant or in the way of his business as a banker, merchant, factor,

broker, attorney or agent, commits criminal breach of trust in respect of

that property, shall be punished with imprisonment for life, or wi th

imprisonment of either description for a term which may extend to ten

years, and shall also be liable to fine.

2

420. Cheating and dishonestly inducing delivery of property .—

Whoever cheats and thereby dishonestly induces the person deceived to

deliver any property to any person, or to make, alter or destroy the

whole or any part of a valuable security, or anything which is signed or

sealed, and which is capable of being converted into a valuable security,

shall be punished with imprisonment of either description for a term

which may extend to seven years, and shall also be liable to fine.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 5 of 48

4. On the written complaint of the informant,

working as Regional Manager, SBI, RBO,

Bhubaneswar (South), the FIR in question was

instituted against 282 different individual

borrowers, who had availed Xpress Credit loans

(personal) during the period from May, 2022 to

3

467. Forgery of valuable security, will, etc. —Whoever forges a

document which purports to be a valuable security or a will, or an

authority to adopt a son, or which purports to give authority to any

person to make or transfer any valuable security, or to recei ve the

principal, interest or dividends thereon, or to receive or deliver any

money, movable property, or valuable security, or any document

purporting to be an acquittance or receipt acknowledging the payment

of money, or an acquittance or receipt for the delivery of any movable

property or valuable security, shall be punished with [imprisonment for

life], or with imprisonment of either description for a term which may

extend to ten years, and shall also be liable to fine.

4

468. Forgery for purpose of cheating . —Whoever commits forgery,

intending that the document [or electronic record] forged shall be used

for the purpose of cheating, shall be punished with imprisonment o f

either description for a term which may extend to seven years, and shall

also be liable to fine.

5

471. Using as genuine a forged document or electronic record.

—Whoever fraudulently or dishonestly uses as genuine any document or

electronic record which he knows or has reason to believe to be a forged

document or electronic record, shall be punished in the same manner as

if he had forged such document or electronic record.

6

120-B. Punishment of criminal conspiracy . — (1) Whoever is a

party to a criminal conspiracy to commit an offence punishable wi th

death, [imprisonment for life] or rigorous imprisonment for a term o f

two years or upwards, shall, where no express provision is made in this

Code for the punishment of such a conspiracy, be punished in the same

manner as if he had abetted such offence.

(2) Whoever is a party to a criminal conspiracy other than a crimina l

conspiracy to commit an offence punishable as aforesaid shall be

punished with imprisonment of either description for a term not

exceeding six months, or with fine or with both.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 6 of 48

November, 2023, on production of fake/fabricated

records claiming themselves to be employees of

various organizations from different branches of the

SBI.

The details of the said branches run thus:

SBI

Rail Vihar Branch (150 loans)

Fortune Tower Branch (115 loans)

Patia Branch (8 loans)

Damana Branch (9 loans)

5. Allegations were made also against the

middlemen, who assisted in preparing fake

documents for financial gains. It is alleged that

such defalcation of public money took place on

account of violation of all established norms by the

bank officials in connivance with others and, in the

process, excluding interest and other charges, the

outstanding amount involved on account of the said

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 7 of 48

loans is to the tune of Rs.6,88,29,323/- (Rupees

Six Crore Eighty-Eight Lakhs Twenty-Nine

Thousand Three Hundred Twenty-Three only).

6. It is the allegation of the prosecution that, in

sanctioning the said loans, the SBI Xpress Credit

circular was followed in complete breach.

7. It is apt to note that the chargesheet deals

with the procedure for sanction of Xpress Credit

Loan Scheme formulated in April 2004 in the form

of pre-approved loan to employees of leading PSUs

and Government organizations.

The relevant extract regarding the Scheme

as stated in the charge sheet is culled out

hereunder;

“xxx xxx xxx

18.8. That, during investigation of the case,

certified true copies of Master Circular on Xpress

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 8 of 48

Credit updated up to 28.02.2022 regarding

procedure of sanction of Xpress Credit loan has

been seized from the Somanath Jena, Dy.

Manager, State Bank of India, RBO-II,

Bhubaneswar (South). After going through

Master Circular on Xpress Credit, it has been

ascertained that Xpress Credit scheme was

formulated in April 2004 in the form of pre-

approved loan, to the employees of leading

PSUs and Govt. Organizations. The employers of

Central and State Govt., Defence & Paramilitary

Forces, Quasi-Govt., Central PSUs & State

PSUs, Educational Institutions of National

Repute (institutions under SBI Scholar Loan

Scheme) Corporates, Govt. (central &

State)/Govt. Aided/Semi-Govt. Schools and

Colleges are eligible for Xpress Credit scheme

and the applicants must have maintained Salary

Packaged Accounts with SBI. The minimum net

monthly income (NMI) of the employee should

be Rs. 15,000 & upto Rs. 1 lakh. The loan

amount of Xpress Credit Scheme (Minimum

Loan Amount Rs. 25,000 and maximum loan

amount: Rs. 30 lacs subject to 24 times of NMI

& EMI/NMI ratio<= 50% for Silver & Gold

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 9 of 48

variant salary package customers & EMI/NMI

ratio<= 55% for Diamond variant salary

package customers). The repayment period for

Govt. Salary Package customers will be

maximum 72 months or residual service period,

whichever is less and for Corporate Salary

Package customers will be maximum 72 months

or residual service period whichever is less and

the loan should be repaid by the age of 60

years. Penal interest @2% p.m. would be

charged (Irrespective of loan amount) over and

above the applicable interest rate on the

overdue amount for the period of default. If part

instalment or part EMI remains overdue, then

penal interest will not be levied.

18.9. That, during investigation of the case, it

is further revealed that as per Master Circular

on Xpress Credit, the following documents will

be obtained before sanction of the loan: -

A. Application cum appraisal form generated

from RLMS along with the photograph of the

borrower duly attested by the authorized

official.

B. The branch will satisfy itself about the

customer regarding compliance with KYC

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 10 of 48

norms by calling for the following

documents, a Xerox copy of which will be

retained by the branch duly attested by the

Apprising/Sanctioning Officer:

i. PAN or Form 60.

ii. At least one copy of the Officially Valid

Documents mentioned below, as proof of

his/her identity and current address:-

 Passport

 Driving License

 Proof of Possession of Aadhaar

Number

 Voter ID card

 Job card

A report duly signed by the verification

agency or by officer/staff in other places (where

verification agency approved by the Bank is not

available) should be complied, based on the

verification of the borrower's residential and

office address as given in the loan application

by visiting the residence of the borrower and

where the verification is not outsourced, the

Branch staff must do the verification and the

report should be kept along with the loan

documents. The disbursement should never be

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 11 of 48

done in cash. It will be only by credit to the

borrower's salary account. That, the SBI Branch

Managers of Rail Vihar, Fortune Tower, Patia

and Damana Chhaka Branch have grossly failed

to observe the mandate prescribed for sanction

and disbursement of SBI Xpress Credit Loan

Circular Dtd. 28.02.2022.

xxx xxx xxx”

8. It is the submission of the learned Senior

Counsel and learned counsel for the Petitioners

that, since charge sheet has already been filed and

the entire investigation is based on documentary

evidence, there is no justification for the

prosecution to oppose the prayer of the Petitioners

for anticipatory bail.

9. Per contra, learned counsel for the State,

Mr. Panigrahi submits that this is a well-

orchestrated white-collar crime and no leniency

ought to be shown to the offenders and in opposing

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 12 of 48

the prayer for pre-arrest bail, he has relied on the

following judgments;

i. P. Chidambaram v. Directorate of

Enforcement

7

ii. Directorate of Enforcement v. P.V.

Prabhakar Rao

8

iii. Y.S. Jaganmohon Reddy vs. CBI

9

iv. State of Gujarat v. Mohanlal Jitamalji

Porwal

10

v. Nimmagadda Prasad v. CBI

11

10. The rival contentions have to be tested on

the touchstone of the recent dictum of the Apex

Court in the case of Satender Kumar Antil v.

Central Bureau of Investigation & another

12

,

that anticipatory bail is a species of post-arrest bail

7

P. Chidambaram v. Directorate of Enforcement, (2019) 9 SCC 24.

8

Directorate of Enforcement v. P.V. Prabhakar Rao, (1997) 6 SCC 647.

9

Y.S. Jaganmohon Reddy vs. CBI, (2013) 7 SCC 439.

10

State of Gujarat v. Mohanlal Jitamalji Porwal, (1987) 2 SCC 364.

11

Nimmagadda Prasad vs. CBI, (2013) 7 SCC 466.

12

Satender Kumar Antil v. CBI, 2023 SCC OnLine SC 452

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 13 of 48

and all the grounds which are germane for grant of

post-arrest bail ought to be taken into account for

grant of pre-arrest bail as well.

11. So far as filing of charge sheet is concerned,

it is submitted by the learned counsel for the State,

Mr. Panigrahi, on instruction, that five of the

accused persons, namely, Smt. Baishakhi Saha,

Smt. Sarita Paikray, Smt. Charubala Dandasena,

Smruti Ranjan Mohanty, Pradipta Kumar Lenka

were taken into custody. Keeping in view the

statutory stipulation of filing the charge sheet qua

the accused who is in custody, the same has been

filed while keeping the investigation open under

Section 193(9)

13

of the BNSS, inter alia, to collect

further money trail, etc.

13

193. Report of police officer on completion of investigation .—

(9) Nothing in this section shall be deemed to preclude further

investigation in respect of an offence after a report under sub-section

(3) has been forwarded to the Magistrate and, where upon such

investigation, the officer in charge of the police station obtains further

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 14 of 48

12. It is submitted that custodial interrogation of

the Petitioners is essential, inter alia, to unearth the

quantum of embezzlement, source of forgery,

money trail, complicity/involvement of other

accused persons as well as the involvement of

influential persons.

13. So far as Petitioner- Narendra Pradhan in

ABLAPL No.8803 of 2026 is concerned, it is

submitted by the learned counsel that the Petitioner

(Narendra Pradhan) is a businessman and he has

been unnecessarily sought to be entangled in the

case at hand, though he is neither an employee of

the Bank nor a loanee.

evidence, oral or documentary, he shall forward to the Magistrate a

further report or reports regarding such evidence in the form as t he

State Government may, by rules, provide; and the provisions of sub-

sections (3) to (8) shall, as far as may be, apply in relation to such

report or reports as they apply in relation to a report forwarded under

sub-section (3):

Provided that further investigation during the trial may be

conducted with the permission of the Court trying the case and the

same shall be completed within a period of ninety days which may be

extended with the permission of the Court.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 15 of 48

At the first brush, such submission appears

to be very attractive.

The prosecution has placed on record that,

during analysis of the loan accounts and SB

accounts of 282 borrowers, as noted above, it was

ascertained that, out of the disbursed loan amount,

a significant amount has been transferred to

different accounts, who are not bank employees.

Learned Public Prosecutor, Mr. Panigrahi

submits that these accounts have been identified as

accounts of the brokers and on money trail of the

loanees accounts, it has come to the fore that an

amount of Rs.1,53,000/- has been transferred to

the account No.20307480933, which stands in the

name of the present Petitioner (Narendra Pradhan)

with State Bank of India and the money has been

transferred from two of the loanees namely, Naresh

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 16 of 48

Sahoo and Sasmita Pradhan. Hence, the submission

that the Petitioner has absolutely no link with the

alleged offence is ex facie not tenable.

Such money trail finds place in paragraph-

18.17 of the final form. The name of the Petitioner

(Narendra Pradhan) is at Serial No.3 of the list of

12 brokers appearing in the said paragraph.

14. So far as Petitioner (Debasmita Ram) in

ABLAPL No.5590 of 2026 is concerned, she was the

then Branch Manager , SBI, Rail Vihar Branch,

from May, 2022 to November, 2023, and had

sanctioned 142 Xpress Credit Loans and

processed/recommended 8 Xpress Credit Loans

without compliance with important aspects of the

proposal, i.e., KYC of the borrowers, and entered

the details in RLMS and recommended the loans.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 17 of 48

The investigation reveals that, because of

the Petitioner (Debasmita Ram), the Bank

sustained a loss to the tune of Rs.6.70 crores in as

many as 150 accounts at Rail Vihar Branch.

It is apt to note that the co-accused

Baishakhi Saha, the then Service Manager of SBI,

Rail Vihar Branch, Sarita Paikray, the then Branch

Manager of Damana Chhack Branch, and Charubala

Dandasena, the then Service Manager of Damana

Chhack Branch, were taken into custody.

The irregularities, which were found in the

sanction of the loans, as highlighted by the

prosecution, run thus:

“xxx xxx xxx

i) Account transferred, converted to

Corporate Salary Package (CSP) on same day or

in few days of transfer.

ii) Account conversation and loan sanction

also happened immediately.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 18 of 48

iii) Salary slips, employment offer letters,

employment confirmation letters and bank

account statements relating to the Borrower's

employment have not been properly scrutinized

before processing the loans.

iv) Pre-sanction survey of visiting

residence/workplace of borrower were neither

done by the Branch Manager nor by the Service

Manager cum recommending official.

v) Several Xpress Credit loans have been

given to borrowers with designation like Driver,

Security Guard, Helper, Cook etc. Employed in

Private Companies under CSP while the nature

of job is purely temporary.

vi) Allocated budget for Xpress Credit loans

for the year 2022-23 was Rs.2.00 Crores and

the Branch achieved the net growth of 6 times

of the budget i.e. Rs.13.83 Crores without

approval of the Controller.

xxx xxx xxx ”

15. It is the submission of the learned counsel

for the Petitioner that, at best, it can be said to be

an irregularity in the sanctioning process, as the

Petitioner bona fide believed the officials who were

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 19 of 48

to enquire about the genuineness of the documents

submitted for sanction of loan and on the basis of

their recommendation, the loans were granted. It is

also submitted that, taking into account that the

Petitioner (Debasmita Ram) is a lady, she may be

protected by pre-arrest bail, since there is no

chance of her absconding and there is no allegation

of her not cooperating with the investigation.

16. So far as Petitioner (Dilip Meher) in ABLAPL

No.5672 of 2026 is concerned, he was posted as a

Manager of fortune Tower Branch from 09.07.2021

to 22.06.2024 and, during his tenure, 13 Xpress

Credit loans were sanctioned. The allegation is that

there was no pre-sanction inspection and

verification of the KYC and, because of the action

and inaction of the Petitioner, the Bank sustained a

loss to the tune of Rs.6.01 crores.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 20 of 48

17. So far as Petitioner (Bharati Nayak) in

ABLAPL No.5909 of 2026 is concerned, she was

posted as Deputy Manager from 29.09.2021 to

19.07.2023 and, during her tenure, 97 Xpress

Credit loans were granted to loanees claiming to be

employees of TPCODL, Aditya Food, Media @ Metro

Satellite City, Hanspal, Jindal Steels and Arati

Steels. The salary slips were all found to be fake

and the loss to the Bank was to the tune of Rs.5.05

crores.

18. So far as Petitioner (Madhusmita Samal) in

ABLAPL No.6300 of 2026 is concerned, she was

posted as Manager/Deputy Manager of Patia Branch

from 08.09.2023 to 27.02.2024 at Patia Branch and

was involved in the recommendation of 3 Xpress

Credit loans, causing loss to the Bank to the tune of

Rs.19,70,000/-.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 21 of 48

19. So far as Petitioner (Bhagyabati Gahan)

in ABLAPL No.6335 of 2026 is concerned, it is

submitted that from the account of a broker,

namely, P.S. Biswa Bikash Mohanty, there has been

a money trail to the account of the Petitioner of

Rs.26,000/- on 05.11.2022 and Rs.95,000/- on

29.03.2023 from the said account. It is the case of

the prosecution that she is a close associate of one

of the co-accused, Pruthyraj Das, who has

constantly been in touch with the broker, co-

accused P.S. Biswa Bikash Mohanty.

It is submitted by the learned counsel for

the Petitioner that the Petitioner (Bhagyabati

Gahan) is a victim of the circumstances and it is

stated, relying on the charge sheet, that an amount

of Rs.4,48,750/- was transferred to the account of

the said P.S. Biswa Bikash Mohanty, whose serial

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 22 of 48

number appears at Sl. No.4 in paragraph-18.17.

Considering the meagre amounts which had come

to the account of the Petitioner, who is a lady, she

may be protected by pre-arrest bail.

20. So far as Petitioner (Pruthyraj Das) in

ABLAPL No.6337 of 2026 is concerned, it is the

allegation of the prosecution that he is actively

involved in the fraud relating to all the accounts

and an amount of Rs.4,48,750/- has been

transferred to the account of the co-accused P.S.

Biswa Bikash Mohanty and from his account an

amount of Rs.4,25,500/- in 12 tranches has been

transferred to the account of the Petitioner. Hence,

prima facie, the Petitioner has nexus with the said

accused P.S. Biswa Bikash Mohanty, which is also

borne out from the analysis of the CDR.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 23 of 48

Per contra, it is submitted by the learned

counsel for the Petitioner that there is no

acceptable proof regarding the involvement of the

Petitioner. Hence, he should be protected by pre-

arrest bail.

21. So far as Petitioner (Vaishali) in ABLAPL

No.6352 of 2026 is concerned, she was posted as

Branch Manager of Patia Branch and, during her

incumbency, 5 Xpress Credit Loans were granted to

employees of SIS Ltd. and the Department of Post

on the basis of salary certificates found to be fake,

resulting in the Bank sustaining a loss to the tune

of Rs.14,08,000/-. Like the Petitioners who are also

bank employees, it is submitted by the learned

counsel for the Petitioner that, since she acted bona

fide on the basis of the field reports, no complicity

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 24 of 48

can be attached to her and, she being a lady, may

be protected by pre-arrest bail.

Learned counsel for the State reiterates

that, prima facie because of the connivance of the

Petitioner, the Bank sustained loss. Hence, no

leniency ought to be shown.

22. So far as Petitioner (Smaranika Bhal) in

ABLAPL No.6510 of 2026 is concerned, she was

posted as Branch Manager of Patia Branch from

18.08.2020 to 25.04.2023 and thereafter as Branch

Manager-cum-Chief Manager from 26.04.2023 to

31.05.2023. Five Xpress Credit loans were

sanctioned to persons claiming to be employees of

SIS and other companies, whose salary slips were

found to be fake. It is alleged that there was no

pre-sanction survey and the loss to the Bank was to

the tune of Rs.14,08,000/-.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 25 of 48

The stand of the Petitioner is similar to that

of her colleagues.

Per contra, it is submitted by the learned

counsel for the State that the Petitioner was also a

Chief Manager. Hence, she cannot claim any

immunity and, taking into account the nature of the

allegations, the submission that she has ex-facie no

complicity cannot be accepted.

23. So far as Petitioner-P.S. Biswa Bikash

Mohanty in ABLAPL No.6513 of 2026 is concerned,

it is the allegation of the prosecution that the

Petitioner is actively involved in facilitating fake

loans to be granted to 282 loanees, as already

noted. An amount of Rs.4,48,750/- has been

transferred to his account from the loanees and his

name appears at Serial No.4 of paragraph-18.17 of

the charge sheet.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 26 of 48

Learned counsel for the Petitioner submits

that it is a legitimate income earned on account of

the services provided and, taking into account the

nature of the allegations, the Petitioner may be

protected by pre-arrest bail.

24. So far as Petitioner (Suresh Kumar Sahoo)

in ABLAPL No.6528 of 2026 is concerned, he was

posted as Chief Manager of Fortune Tower Branch

from 15.05.2023 to 17.06.2024 and, during his

tenure, had sanctioned 13 Xpress Credit loans,

which were found to be on the basis of unverified

KYC, causing loss to the tune of Rs.83,33,300/- to

the Bank.

The stand of the Petitioner is that, as per the

norms, he had to rely on the details provided and it

was not his job to make verification. Hence, no

complicity can be attributed to him.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 27 of 48

Such submission is refuted by the learned

counsel for the State.

25. So far as Petitioner (Santosh Kumar Panda)

in ABLAPL No.6563 of 2026 is concerned, he was

posted as Chief Manager of Fortune Tower Branch

from 01.08.2022 to 28.05.2023 and, during his

tenure, he sanctioned 13 Xpress Credit Loans to

loanees claiming to be employees of TPCODL. It is

alleged that, because of his action and inaction, the

Bank sustained a loss to the tune of Rs.55,17,000/-

Learned counsel for the State opposes the

prayer for pre-arrest bail, rebutting the submission

of the learned counsel for the Petitioner that, to the

best of his ability, he had followed the norms in

sanctioning the loans and, since subsequently it

was found that the documents were fake, he cannot

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 28 of 48

be saddled with the blame and may be protected by

pre-arrest bail.

26. So far as Petitioner-Debasish @ Debasis

Behera in ABLAPL No.6719 of 2026 is concerned,

the allegation against him is that he was a

facilitator for grant of loans on the basis of fake

documents. An amount of Rs.35,000/- has been

transferred from the account of the loanee. His

name appears at Serial No.11 under paragraph-

18.17 of the charge sheet dealing with the money

trail to the accounts of the middlemen/brokers.

It is the stand of the learned counsel for the

Petitioner that no complicity can be attached to the

role played by the Petitioner and, hence, he may be

protected by pre-arrest bail.

Learned counsel for the State opposes the

prayer for pre-arrest bail in view of the money trail.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 29 of 48

27. So far as Petitioner-Jogendra Nayak in

ABLAPL No.6896 of 2026 is concerned, the

allegation against the said Petitioner is that an

amount of Rs.4,61,704/- has been transferred to

his account from that of 7 loanees, who managed

to get loans sanctioned on the basis of forged

documents.

Per contra, it is submitted by the learned

counsel for the Petitioner that the allegations are

based on surmises. Hence, the Petitioner ought not

to be denied pre-arrest bail.

28. So far as Petitioner (Diptimayee Behera) in

ABLAPL No.6900 of 2026 is concerned, she was

posted as Branch Manager of Patia Branch from

12.06.2023 to 23.06.2024 at Patia Branch, 3

Xpress Credit loans were sanctioned to different

agencies allegedly without verification of their

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 30 of 48

employment details, on account of which the Bank

sustained a loss to the tune of Rs.19,70,000/-.

It is submitted on her behalf that, because

of the duty assigned to a Branch Manager in the

matter of grant of Xpress Credit loans, she having

acted in good faith on the basis of the reports

received from the ground staff, no criminality can

be attached to her action and, she being a lady,

ought to be protected by pre-arrest bail.

29. So far as Petitioner-Smrutiranjan Sethi in

ABLAPL No.7546 of 2026 is concerned, it is the

case of the prosecution that an amount of

Rs.6,90,300/- has been transferred to his account

from that of the beneficiaries. His name appears at

Serial No.6 of paragraph-18.17 of the charge sheet.

It is stated that there is no iota of material to

indicate that the same was on account of his role in

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 31 of 48

facilitating the beneficiaries to avail the loan. It is

his submission that he had not played any role

which enabled the beneficiaries to avail the loans.

He is unnecessarily being hounded and he is

entitled to be protected by pre-arrest bail.

Such submission is opposed by the learned

counsel for the State.

30. So far as Petitioner-Abhaya Kumar Panigrahi

in ABLAPL No.7760 of 2026 is concerned, the

allegation against the Petitioner is that there is a

money trail to his account to the tune of

Rs.2,49,650/- from 5 loanees and, because of the

money trail, there is prima facie material against

him for facilitating such fake loan accounts to be

processed and sanctioned.

Per contra, learned counsel for the Petitioner

submits that there is no material to connect the

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 32 of 48

Petitioner with the alleged fraud. Merely because of

the money trail, it cannot be said that the Petitioner

had a role in the offence as alleged.

31. It is submitted by the learned counsel for

the State that till now the defalcation which has

come to the fore is to the tune of Rs.13.92

Crores. The same relates to fake and fabricated

employment records of beneficiaries as employees

of:

i. Falcon Marine Exports Ltd.

ii. Quess Corp Limited.

iii. Tata Steel Limited.

iv. Satin Credit Care Network Limited.

v. SIS Limited.

vi. Bhusan Power & Steel.

vii. Bajaj Finance Limited and other companies

viii. Aarati Steels Limited.

ix. Aditya Foods and Media.

x. Jindal Stainless Ltd.

xi. TPCODL

xii. Vedanta Limited

xiii. Rohit Ferro Tech. Ltd.

xiv. Shasi Catering Services.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 33 of 48

xv. Department of Post.

xvi. Team lease Services Limited.

32. It is seen that the Petitioners in ABLAPL Nos.

5590, 6900, 6510, 6352, 6300, 6528, 6563, 5909

and 5672 of 2026 are all employees of the Bank and

the rest of the Petitioners, save and except the

Petitioner in ABLAPL No.6335 of 2026 (Bhagyabati

Gahan), are said to be brokers/middlemen to whose

accounts there is a money trail. The money trail to

their accounts is stated in paragraph 18.17 of the

charge sheet.

The details of the transfer to the brokers'

accounts from the loanees' savings bank accounts, as

mentioned in a tabular form in the above-mentioned

paragraph of the charge sheet, is extracted

hereunder:-

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 34 of 48

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 35 of 48

33. The common thread in the submissions of all the

counsel for the Petitioners who are Managers of the

Bank is that they have acted in their supervisory

capacity and, as such, no complicity can be attached

to them and, since they have firm roots in society

and there is no chance of their escaping or interfering

with the investigation and the investigation being

based on documentary evidence, they ought to be

protected by pre-arrest bail. It is also submitted that,

at best, the same may amount to error of judgment.

33-A. The stand of the Petitioners against whom

the accusation is of being brokers in obtaining the

fake documents and facilitating the grant of loans is

that there is no prima facie material to implicate

them and the only basis is the statement of the co-

accused. It is submitted that, merely because of the

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 36 of 48

money trail, it ought not to be held that their cases

do not merit grant of pre-arrest bail.

34. The unholy nexus between the Bank, the

beneficiaries and the brokers, resulting in siphoning

of public money to the tune of crores, presently

quantified at Rs.13.92 Crores, squarely comes within

the category of economic offence a “white collar

crime” affecting society at large.

No leniency can be shown in such cases, as has

been consistently held by the Hon’ble Apex Court.

Those who are alleged to have plundered the

public exchequer and feasted cannot claim the benefit

of the “exceptional remedy” of pre-arrest bail.

34-A. In this context, this Court can do no better

than to respectfully quote relevant recitals in

paragraphs 18 to 20 of the judgment of the Apex

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 37 of 48

Court in the case of Serious Fraud Investigation

Office v. Aditya Sarda

14

;

“18. Now, so far as anticipatory bail is

concerned, this court has consistently

emphasized that anticipatory bail should not

be granted as a matter of routine, particularly

in serious economic offences, involving large

scale fraud, public money or complex financial

crimes. In P. Chidambaram v. Directorate of

Enforcement ; (2019) 9 SCC 24 , it was

observed as under:

“Grant of anticipatory bail in exceptional

cases

69. Ordinarily, arrest is a part of procedure

of the investigation to secure not only the

presence of the accused but several other

purposes. Power under section 438 of the

Code of Criminal Procedure is an extraordinary

power and the same has to be exercised

sparingly. The privilege of the pre-arrest bail

14

SFIO v. Aditya Sarda, 2025 SCC OnLine SC 764.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 38 of 48

should be granted only in exceptional cases.

The judicial discretion conferred upon the

court has to be properly exercised after

application of mind as to the nature and

gravity of the accusation; possibility of the

applicant fleeing justice and other factors to

decide whether it is a fit case for grant of

anticipatory bail…

71. Article 21 of the Constitution of India

states that no person shall be deprived of his

life or personal liberty except according to

procedure prescribed by law. However, the

power conferred by article 21 of the

Constitution of India is not unfettered and is

qualified by the later part of the article, i.e., ‘…

except according to a procedure prescribed by

law’. In State of M.P. v. Ram Kishna Balothia;

(1995) 3 SCC 221 , the Supreme Court held

that the right of anticipatory bail is not a part

of article 21 of the Constitution of India and

held as under :

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 39 of 48

‘7.… We find it difficult to accept the

contention that section 438 of the Code of

Criminal Procedure is an integral part of

article 21. In the first place, there was no

provision similar to section 438 in the old

Criminal Procedure Code. The Law

Commission in its 41st report recommended

introduction of a provision for grant of

anticipatory bail. It observed:

“We agree that this would be a useful

advantage. Though we must add that it is in

very exceptional cases that such power

should be exercised.”’

In the light of this recommendation, section

438 was incorporated, for the first time, in the

Criminal Procedure Code, 1973. Looking to the

cautious recommendation of the Law

Commission, the power to grant anticipatory

bail is conferred only on a court of session or

the High Court. Also, anticipatory bail cannot

be granted as a matter of right. It is

essentially a statutory right conferred long

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 40 of 48

after the coming into force of the Constitution.

It cannot be considered as an essential

ingredient of article 21 of the Constitution.

And its non-application to a certain special

category of offences cannot be considered as

violative of article 21.

(emphasis supplied)

72. We are conscious of the fact that the

legislative intent behind the introduction of

section 438 of the Code of Criminal Procedure

is to safeguard the individual's personal liberty

and to protect him from the possibility of being

humiliated and from being subjected to

unnecessary police custody. However, the

court must also keep in view that a criminal

offence is not just an offence against an

individual, rather the larger societal interest is

at stake. Therefore, a delicate balance is

required to be established between the two

rights—safeguarding the personal liberty of an

individual and the societal interest. It cannot

be said that refusal to grant anticipatory bail

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 41 of 48

would amount to denial of the rights conferred

upon the appellant under article 21 of the

Constitution of India…

77. After referring to Siddharam Satlingappa

Mhetre v. State of Maharashtra; (2011) 1 SCC

694 and other judgments and observing that

anticipatory bail can be granted only in

exceptional circumstances, in Jai Prakash

Singh v. State of Bihar; (2012) 4 SCC 379, the

Supreme Court held as under :

‘19. Parameters for grant of anticipatory

bail in a serious offence are required to be

satisfied and further while granting such

relief, the court must record the reasons

therefor. Anticipatory bail can be granted

only in exceptional circumstances where the

court is prima facie of the view that the

applicant has falsely been enroped in the

crime and would not misuse his liberty.

(See D.K. Ganesh Babu v. P.T. Manokaran;

(2007) 4 SCC 434, State of

Maharashtra v. Mohd. Sajid Husain Mohd. S.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 42 of 48

Husain; (2008) 1 SCC 213 and Union of

India v. Padam Narain Aggarwal; (2008) 13

SCC 305.’

Economic offences

78. Power under section 438 of the Code of

Criminal Procedure being an extraordinary

remedy, has to be exercised sparingly; more

so, in cases of economic offences. Economic

offences stand as a different class as they

affect the economic fabric of the society.

In Directorate of Enforcement v. Ashok

Kumar Jain; (1998) 2 SCC 105, it was held

that in economic offences, the accused is not

entitled to anticipatory bail.”

19. In Y.S. Jagan Mohan Reddy v. Central

Bureau of Investigation; (2013) 7 SCC 439, it

was observed as under:

“34. Economic offences constitute a class

apart and need to be visited with a different

approach in the matter of bail. The economic

offences having deep-rooted conspiracies

and involving huge loss of public funds need

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 43 of 48

to be viewed seriously and considered as

grave offences affecting the economy of the

country as a whole and thereby posing

serious threat to the financial health of the

country.

35. While granting bail, the court has to

keep in mind the nature of accusations, the

nature of evidence in support thereof, the

severity of the punishment which conviction

will entail, the character of the accused,

circumstances which are peculiar to the

accused, reasonable possibility of securing

the presence of the accused at the trial,

reasonable apprehension of the witnesses

being tampered with, the larger interests of

the public/State and other similar

considerations.”

20. In Nimmagadda Prasad v. Central Bureau

of Investigation; (2013) 7 SCC 466, it was

observed as under:

“23. Unfortunately, in the last few years,

the country has been seeing an alarming

rise in white-collar crimes, which has

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 44 of 48

affected the fibre of the country's economic

structure. Incontrovertibly, economic

offences have serious repercussions on the

development of the country as a whole.

In State of Gujarat v. Mohanlal Jitamalji

Porwal; (1987) 2 SCC 364this court, while

considering a request of the prosecution for

adducing additional evidence, inter alia,

observed as under :

‘5.… The entire community is

aggrieved if the economic offenders

who ruin the economy of the State are

not brought to book.

A murder may be committed in the heat of

moment upon passions being aroused. An

economic offence is committed with

cool calculation and deliberate design

with an eye on personal profit

regardless of the consequence to the

community. A disregard for the interest

of the community can be manifested

only at the cost of forfeiting the trust

and faith of the community in the

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 45 of 48

system to administer justice in an even-

handed manner without fear of criticism

from the quarters which view white-

collar crimes with a permissive eye

unmindful of the damage done to the

national economy and national

interest.”

(Emphasized)

35. This Court also cannot lose sight of the fact

that accused facing similar charges have been

taken into custody (since released on post-arrest

bail). And, no case has been made out as to why

the present Petitioners are to be ensconced by pre-

arrest bail.

In this context, reference can also be made

to the judgment of the Apex Court in the case of

Aditya Sarda (supra)

14

more particularly

paragraph-23 thereof, wherein the Apex Court has

reiterated that “economic offences constitute a

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 46 of 48

class apart, as they have deep rooted conspiracies

involving huge loss of public funds, and therefore

such offences need to be viewed seriously”.

36. Hence, on a perspicuous analysis of the

allegations against the present Petitioners, vis-à-vis

the materials on record, this Court finds force in the

submission of the learned counsel for the State, Mr.

Panigrahi, ASC, that, if protected by pre-arrest bail,

the investigation will be derailed and serious

prejudice would be caused to the ongoing

investigation.

37. The qualitative response of an accused

protected by pre-arrest bail has been set at rest in

the case of State v. Anil Sharma

15

.

38. So far as the allegations relating to

Petitioner (Bhagyabati Gahan) in ABLAPL No.6335

of 2026 are concerned, there is no direct money

15

State v. Anil Sharma, (1997) 7 SCC 187.

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 47 of 48

trail to her account and the allegation of the

prosecution is that her complicity is on account of

the amount received by her from the co-accused

P.S. Biswa Bikash Mohanty.

Hence, this Court is of the considered view

that the accusation qua the Petitioner (Bhagyabati

Gahan) in ABLAPL No.6335 of 2026 has to be

segregated while considering the complicity of the

others.

38-A. Accordingly, this Court directs that, in the

event of the arrest of the Petitioner (Bhagyabati

Gahan) in ABLAPL No.6335 of 2026 in connection

with the aforesaid case, she shall be released on

bail by the Arresting Officer on such terms and

conditions as deemed just and proper, with the

further condition that she will cooperate with the

ABLAPL Nos.8803, 5590, 5672, 5909, 6300, 6335, 6337,

6352, 6510, 6513, 6528, 6563, 6719, 6896, 6900, 7546 and

7760 of 2026

Page 48 of 48

investigation, subject to verification of antecedents

of similar nature.

39. So far as the anticipatory bail applications of

the other Petitioners are concerned, this Court does

not find any merit in their prayer for grant of

“exceptional remedy” of pre-arrest bail.

Hence, all the ABLAPLs, except ABLAPL

No.6335 of 2026 (Bhagyabati Gahan), accordingly

stand rejected.

40. Interim order(s) stand vacated.

41. Accordingly, all the ABLAPLs stand disposed

of.

(V. Narasingh)

Judge

Orissa High Court, Cuttack

Dated the 2

nd

September, 2026 /Santoshi

02.09.2026/Uploaded

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