Patna High Court

Krishna Jee SharmaversusThe State of Bihar

Decided: 27 February 2026
Disposal: BAIL GRANTED
Bench: S B P SINGH

Holding

The Court granted provisional bail to the petitioner subject to a bail bond, sureties and a repayment undertaking.

Summary

Petitioner Krishna Jee Sharma sought bail in a case (P.S. Case No. 229 of 2021) alleging offences under Sections 406, 420, 467, 468 and 447 of the Indian Penal Code for allegedly obtaining a loan from Bihar Awami Co-operative Bank using forged documents. The petitioner contended that the documents were genuine, he was innocent, and he was prepared to repay the loan of Rs. 8,00,000 by December 2027, paying Rs. 30,000 per month in the interim. The State opposed bail. The Court noted that similarly situated co‑accused had been granted bail and, considering the petitioner’s bona‑fide intention, ordered provisional bail on a bond of Rs. 10,000 with two sureties and an affidavit of repayment. The Trial Court was directed to confirm the bail after verifying payment receipts. The application was disposed with bail granted.

Issues considered

Whether the petitioner is entitled to provisional bail despite the serious nature of the alleged offences under the IPC.

Legislation cited

Indian Penal Code — s. 406, 420, 447, 467, 468

Subjects

bail
provisional bail
Indian Penal Code
forgery
loan fraud
co-operative bank
criminal law

Judgment

                      IN THE HIGH COURT OF JUDICATURE AT PATNA
                              CRIMINAL MISCELLANEOUS No.7237 of 2026
                       Arising Out of PS. Case No.-229 Year-2021 Thana- PIRBAHOR District- Patna
                 ======================================================
                 Krishna Jee Sharma S/o Late Sri Ramkishore Singh Resident of Gali No. 1,
                 Salimpur Ahra, P.S.- Gandhi Maidan, Patna, District- Patna

                                                                                   ... ... Petitioner/s
                                                       Versus
                 The State of Bihar

                                                        ... ... Opposite Party/s
                 ======================================================
                 Appearance :
                 For the Petitioner/s     :       Mr.Kameshwar Singh
                 For the Opposite Party/s :       Mr.Vinod Shanker Modi
                 ======================================================
                 CORAM: HONOURABLE MR. JUSTICE S. B. PD. SINGH
                                       ORAL ORDER

2   27-02-2026                  Heard learned counsel for the petitioners and learned

                   APP for the State.

                                2. The petitioner is apprehending his arrest in

                   connection with Pirbahore P.S. Case No. 229 of 2021 for the

                   offence under Sections 406, 420, 467, 468 and 447 of the I.P.C.

                                3. As per the prosecution story, the informant has

                   alleged that both the petitioner has availed loan from Bihar

                   Awami Co-operative Bank Limited in 2003 on the basis of

                   forged document.

                                4. Learned counsel for the petitioner submits that the

                   petitioner is innocent and has not committed any offence. The

                   documents filed at the time of taking loan were correct and

                   genuine and the allegation of attaching the forged and fake

                   document is false and adverse.
Patna High Court CR. MISC. No.7237 of 2026(2) dt.27-02-2026
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                       5. Learned APP opposes the prayer for bail.

                       6. During the course of argument, learned counsel for

          the petitioner submits that petitioner is ready to deposit the

          amount i.e., Rs. 8,00,000/- by December 2027 and in the

          meantime he will pay Rs. 30,000/- per month to the co-operative

          bank. In this regard, petitioner is ready to file an affidavit before

          the learned Trial Court. Similarly situated other co-accused

          persons have been granted bail by a Co-ordinate Bench of this

          Court vide order dated 25.11.2025 in Cr. Misc. No. 80045 of

          2025.

                       7. Having heard learned counsel for the parties and

          considering the bona fide intention of the petitioner, this Court

          is inclined to enlarge the petitioner on provisional bail. The

          above named petitioner is directed to be enlarged on

          provisional bail in connection with Pirbahore P.S. Case No. 229

          of 2021 on furnishing bail bond of Rs. 10,000/- (Ten Thousand)

          within a period of one month from the date of receipt of this

          order with two sureties of the like amount each to the

          satisfaction of learned Chief Judicial Magistrate, Patna as well

          as the affidavit to the extent that petitioner will pay the entire

          loan amount of Rs. 8,00,000/- by December 2027 and in the

          meantime he will pay Rs. 30,000/- per month to the co-operative
           Patna High Court CR. MISC. No.7237 of 2026(2) dt.27-02-2026
                                                       3/3




                     bank.

                                  8. Trial Court is directed to confirm the provisional

                     bail granted to the petitioner after verifying the deposit receipts

                     of payment of the entire loan amount with accrued interest by

                     the petitioner to the aforesaid co-operative bank.

                                  9. Accordingly, the instant application stands disposed

                     of.



                                                (S. B. Pd. Singh, J)
Ankit Kumar/-

U      T

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