Authority: High Court of Chhattisgarh at Bilaspur
Order Date: 02/11/2026
Case Overview
- Applicant: Yuvraj Nayak, aged about 54, residing in Semliya, Balod, Mahasamund district, serving as Branch Manager of Jila Sahkari Kendriya Bank Maryadit, Branch Toresingha, Raipur.
- Respondent: State of Chhattisgarh represented by the Police Station Saraipali, Mahasamund.
- Crime No. 289/2026 registered at Police Station Saraipali for alleged offences under IPC sections 120B, 409, 420, 467, 468, 471.
- Complaint filed by Avinash Sharma, Nodal Officer, Jila Sahkari Kendriya Bank Maryadit, Branch Toresingha, alleging that members of Prathmik Krishi Sah Sahakari Samiti (Reg. No. 1247) manipulated land documents to obtain Kisan Credit Card (KCC) loans in 2023, resulting in excess loan amounts of 30‑40% for 57 members, including two applicants with no land.
- The prosecution alleges that the applicant, as branch manager, participated in the disbursement of these loans without proper verification.
- Applicant contends he merely approved applications after preliminary verification and will cooperate with investigation, asserting no personal wrongdoing.
Final Outcome
- The Court, after hearing counsel and reviewing documents, allowed the anticipatory bail application without commenting on the merits.
- Applicant is released on anticipatory bail upon execution of a personal bond of ₹25,000 with an equal surety.
- Conditions imposed: (i) availability for interrogation; (ii) no inducement, threat or promise to witnesses; (iii) refrain from actions prejudicial to a fair trial; (iv) appear before the trial court on all dates until disposal.
- The order directs a certified copy to be sent to the trial court for compliance.
Topics: Anticipatory Bail, Bank Fraud