Authority: High Court of Jharkhand at Ranchi (Bench of Hon’ble Mr. Justice Sanjay Kumar Dwivedi)

Order Date: 06 July 2026

Case Overview

  • Petitioner: Pramod Kumar Yadav, 31‑year‑old, son of Banoudhi Yadav, resident of Manikdih, Manika, Latehar district; Branch Manager of Spandna Sphurti Financial Limited, Garhwa.
  • Opposite Party: State of Jharkhand.
  • Criminal matter: Garhwa P.S. Case No. 06 of 2026, registered before the Chief Judicial Magistrate, Garhwa, under Sections 316(4), 318(4) and 61(2) of the Bharatiya Nyaya Sanhita, 2023, alleging defalcation of Rs. 8,98,342.
  • FIR details: The alleged offence allegedly occurred on 02‑01‑2025; FIR was lodged on 02‑01‑2026, a year later, with no disclosure of the period of defalcation.
  • Petitioner’s prayer: Anticipatory bail, arguing that the charge was handed over on 02‑01‑2025 and the FIR delay makes arrest unwarranted.
  • State’s opposition: Requested rejection of bail, citing the alleged loss of Rs. 8,98,342.

Final Outcome

  • The Court, after considering the pleadings, granted anticipatory bail to the petitioner.
  • The petitioner must surrender before the learned Chief Judicial Magistrate, Garhwa, within three weeks from the order date.
  • Upon surrender or arrest, bail shall be released on furnishing a bail bond of Rs. 25,000 together with two sureties of equal amount, subject to conditions under Section 482(2) of the Bharatiya Nagarik Suraksha Sanhita, 2023.

Topics: Anticipatory Bail, Financial Defalcation, Court Proceedings