Authority: High Court of Judicature at Patna
Order Date: 07-09-2026
Case Overview
- Petitioners: C S O Brajesh Kumar (E.I.N. 31480), resident of Village Dumina Road Mogal Bazar, Basudeopur, P.S. Vasudeopur, District Munger; and Debt Officer Nitish Kumar (also known as Nitesh Kumar Sinha), resident of L.I.C. Colony (Naharpar), P.O. Dumka, District Dumka, Jharkhand.
- Opposite Party: State of Bihar.
- The case arises from PS. Case No. 890 of 2021, Thana Kahalgaon, District Bhagalpur, registered under Sections 406, 408, 420, 467, 468, 471/34 of the IPC.
- Allegations: Eight employees of Utkarsh Small Finance Bank Ltd., including the petitioners, conspired and, between October 2020 and August 2021, systematically performed financial fraud and embezzled Rs 39,96,501 from 467 female loanees under various bank schemes.
- Petitioners claim clean antecedents and assert false implication; they note that the FIR does not disclose specific amounts embezzled by them and that no process under Section 82 of the Cr.P.C. has been issued against them.
- Co‑accused Jai Prakash Ram had earlier obtained anticipatory bail (Cr. Misc. No. 63632 of 2023) on 27‑02‑2024.
Final Outcome
- The Hon’ble Justice Satyavrat Verma allowed the anticipatory bail application.
- Each petitioner must furnish a bail bond of Rs 10,000 together with two sureties of equal amount, to be approved by the trial court where the case is pending.
- The trial court must first verify that no Section 82 process has been issued against the petitioners; if such process is found, the anticipatory bail order will not take effect.
- If verification confirms no Section 82 process, the bail bonds shall be accepted forthwith.
Topics: Anticipatory Bail, Bank Fraud