Authority: High Court of Odisha, Cuttack
Order Date: 07 August 2026
Case Overview
- Petitioner: Mr. M.C. Behera (appearing through proxy counsel Mr. Amulya Ratan Panda)
- Respondent: State of Odisha, represented by Addl. PP Mr. M.R. Patra
- Case: Hemagiri P.S. Case No. 256 of 2026, GR Case No. 252 of 2026, under Section 483 of BNSS
- Allegations: Misappropriation of Rs.1,56,000 of M/S. Shree Balaji Engicon Ltd. by drawing the funds and not utilizing them; offences under U/S 316(4)/318(4)/351(2)/3(5) of BNS
- Custody: Petitioner detained since 30 May 2026; investigation progress noted by the court
Final Outcome
- Bail application allowed; petitioner to be released on furnishing a bail bond of Rs.50,000 with one solvent surety, subject to terms set by the court.
- Order disposed; certified copy to be issued and communicated to the concerned jail.
Topics: Legal Bail, Corporate Misappropriation