Bail denied to fraudster

Excelsior Correspondent
JAMMU, May 3: Chief Judicial Magistrate Jammu Surinder Singh today rejected the bail application of alleged fraudster Puneet Resutra, son of Sham Lal of Rehari, who was arrested by the Crime Branch for obtaining cash credit limit from the bank on the basis of forged and fabricated work orders.
After hearing Advocates Bodh Raj Rao and Anchit Sharma for the applicant whereas Senior PO Rohit Gupta for the State and Advocates Rakesh Chargotra, Vishal Goel and R K Jain for the complainant, the court observed, “the investigation is at its initial stage. Moreover, recoveries are pending and statement of the material witnesses are yet to be recorded in the case”.
“It has been held in a number of cases that gravity of offence involved is likely to induce the accused to avoid the course of justice and must weigh with the court when considering the question of bail and so also the heinousness of the crime”, the court said, adding “keeping in view the charge against the accused and material collected so far by the police agency suggest the complicity of the accused in the commission of alleged crime”.
“There appears reason for believing the petitioner’s involvement in the crime, so granting him bail at this crucial stage may frustrate the efforts of the investigating agency in collecting evidence. That apart public interest involved in the matter adds to its gravity, as the laws meant for maintaining the public order cannot be used to disturb it”, the court further observed.
Accordingly, court denied bail to the alleged fraudster.