Authority: High Court of Punjab and Haryana at Chandigarh
Order Date: 03 July 2026
Case Overview
- Petitioner: Akshay Sharma (also referred as Akshay Kumar), employed as Data Entry Operator at Yamuna Nagar District Co‑operative Labour and Construction Federation Ltd.
- Respondent: State of Haryana.
- FIR No. 35 dated 03‑02‑2026 under Sections 316(2), 318(4), 336(3), 338, 340, 61(2) of the Indian Penal Code was registered at Police Station Gandhi Nagar, Yamuna Nagar.
- Allegations: Sharma allegedly forged signatures of Manager Raj Kumar Singh and Director Rajbir Singh, withdrew and embezzled Rs 10,08,200 from the Federation’s savings account between July 2024 and May 2025, despite directors’ tenure having expired on 15‑09‑2024.
- Partial restitution: He deposited Rs 1,50,000 into the official account and produced a cheque of Rs 4,80,000 issued by his mother, which later bounced for “insufficient funds”.
- Additional claim: Embezzlement from a dormant Union Bank of India account (No. 520101246465571) of the Federation.
- Petitioner’s defence: Claims innocence, asserts he was only a data entry operator under Manager Harvinder Singh, did not possess the cheque book, and that the manager misused the mother’s cheque. He expressed willingness to cooperate with investigation.
- State’s position: Affidavit by Deputy Superintendent of Police Rajat Gulia opposed bail, emphasizing Sharma’s custodial role, forged signatures, manipulation of banking records, and need for interrogation to recover funds.
Final Outcome
The bench, presided by Hon’ble Ms. Justice Shalini Singh Nagpal, held that the allegations are grave and specific, custodial interrogation is required, and no extraordinary circumstances justify anticipatory bail. Consequently, the anticipatory bail application was dismissed, and all pending miscellaneous applications were disposed of.
Topics: Anticipatory Bail, Fraud