Authority: High Court for the States of Punjab and Haryana at Chandigarh
Order Date: 09 July 2026
Case Overview
- Parties: Petitioner – Mukesh Kumar; Respondent – State of Haryana.
- Petition: Filed under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023, seeking regular bail.
- FIR Details: FIR No. 473 dated 08‑12‑2025, registered at Police Station City Fatehabad, District Fatehabad, invoking Sections 316(4), 318(4), 336(3), 338, 340(2) and 61(2) of the Bharatiya Nyaya Sanhita.
- Allegations: Employees of Bharat Finance Inclusion Ltd. allegedly formed a syndicate, opened 14 fraudulent loan accounts in customers’ names, and misappropriated the sanctioned amounts, causing an estimated loss of Rs 10,79,786 to the company.
- Petitioner’s Role: Accused of collecting KYC documents and facilitating account‑opening formalities; no allegation of sanctioning loans, disbursing funds, or personal gain.
- Investigation Status: Investigation concluded; final report and challan already submitted to the trial court; no recovery from petitioner except seizure of a mobile phone unrelated to the offence.
- Custody: Petitioner has been in judicial custody since 29‑01‑2026; charges have not yet been framed, and trial is expected to take considerable time.
- Arguments: Counsel for petitioner emphasized lack of specific sanctioning role, clean antecedents, and that pre‑trial detention should not become a de‑facto sentence. State counsel stressed seriousness of allegations and sought dismissal of bail petition.
Final Outcome
- The Court, after hearing both sides, observed that the offences are triable by a Magistrate, the investigation is complete, and the petitioner has already endured significant pre‑trial custody.
- Without expressing any opinion on the merits, the Court allowed the bail petition, ordering the petitioner’s release on regular bail, subject to furnishing personal and surety bonds satisfactory to the trial Court/Duty Magistrate.
Topics: Bail, Financial Fraud, Criminal Procedure