Authority: High Court of Orissa at Cuttack
Order Date: 10 September 2026
Case Overview
- Petitioner: Prashan Kumar Patro (referred to as Prassana @ Prashan Kumar Patro) represented by counsel Mr. B.P. Panda.
- Opposite Party: State of Odisha, represented by Addl. Public Prosecutor Mr. M.R. Patra.
- Case Numbers: BLAPL No.7690 of 2026, CNR No. ODHC010554342026; underlying investigation case EOW Bhubaneswar PS Case No.16 of 2018 and GR Case No.639 of 2018.
- Statutory Provision: Bail application under Section 483 of the Banking Regulation (BNSS).
- Allegations: The petitioner is accused of conspiring with his daughter, Amrita Priyadarshini Patro, a Bank Manager at Union Bank of India, Koraput Branch, to commit offences punishable under IPC Sections 409, 420, 467, 468, 471, 472 and 34. The alleged fraud amount is Rs 2,05,50,000.
- Loan Details: A loan of Rs 35,00,000 was allegedly sanctioned in favour of the petitioner’s mother, Pankajini Patro, and sister, Pranaya Purnamasi Patro, and disbursed in phases to Savings Account No. 3913022010006081 held in the petitioner’s name.
- Prior Bail Orders: Co‑accused Amrita Priyadarshini Patro was granted bail in BLAPL No.11656 of 2024; Pankajini Patro in BLAPL No.12686 of 2022; Pranaya Purnamasi Patro in ABLAPL No.8933 of 2018.
Final Outcome
- The Court, after noting the prior bail grants to co‑accused and the material on record, admits the petitioner to bail without expressing a view on the merits.
- Bail is conditioned on furnishing bail bonds of Rs 5,00,000 (Five Lakh Rupees) each, with two solvent sureties for the same amount, excluding cash surety, as deemed fit by the Court.
- The bail application is disposed of, and a soft copy of the order is to be communicated to the concerned Court and subsequently to the jail via e‑mail.
Topics: Bail, Bank Fraud