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Patna High Court

Raushan MishraversusThe State of Bihar

Decided
Disposal
BAIL REJECTED

Holding

Anticipatory bail was not granted to the petitioner.

Summary

The petitioner, Raushan Mishra, applied for anticipatory bail in connection with a criminal case (PS Case No.235/2025) alleging offences under Sections 338, 336(3), 340(2), 316(2), 318(4) and 3(5) of the B.N.S., 2023. He claimed to have a clean antecedent and argued that he was falsely implicated by an informant who is a dealer, asserting that any amount credited to his account was subsequently returned on the direction of another dealer. The State opposed the bail, contending that the FIR shows the petitioner’s participation in a fraudulent loan‑sanctioning scheme involving employees of Bajaj Finance and several dealers, and that the investigation is ongoing. The learned APP emphasized that the petitioner allegedly accepted guilt and that the money was not returned to the company. After considering the submissions, the Court held that the seriousness of the allegations and the ongoing investigation did not warrant the grant of anticipatory bail. Consequently, the petition for anticipatory bail was rejected.

Issues considered

  • Whether anticipatory bail should be granted to the petitioner in view of the alleged fraudulent loan‑sanctioning offences under the B.N.S., 2023.

Legislation cited

  • B.N.S., 2023 — s. 316(2), 318(4), 336(3), 338, 340(2), 3(5)

Subjects

  • anticipatory bail
  • fraud
  • loan sanction
  • criminal procedure
  • B.N.S. 2023
  • sections 338, 336(3), 340(2), 316(2), 318(4), 3(5)
  • high court

Judgment

                      IN THE HIGH COURT OF JUDICATURE AT PATNA
                              CRIMINAL MISCELLANEOUS No.8970 of 2026
                   Arising Out of PS. Case No.-235 Year-2025 Thana- Kalibagh District- West Champaran
                 ======================================================
                 Raushan Mishra S/o Gaurendra Mishra @ Gorandra Kumar Mishra R/o
                 Village- Sikta, Police station- Sikta, District- West Champaran

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

                                                        ... ... Opposite Party/s
                 ======================================================
                 Appearance :
                 For the Petitioner/s     :       Mr. Brij Kishor Mishra, Adv.
                 For the Opposite Party/s :       Mr. Amitesh Kumar, APP
                 ======================================================
                 CORAM: HONOURABLE MR. JUSTICE SATYAVRAT VERMA
                                       ORAL ORDER

2   24-03-2026                  1. Heard learned counsel for the petitioner and learned

                   A.P.P. for the State.

                                2. The petitioner apprehends his arrest in connection

                   with Kalibagh P.S. Case No.235/2025, registered for the

                   offences punishable under Sections 338, 336(3), 340(2), 316(2),

                   318(4) and 3(5) of the B.N.S., 2023.

                                3. Learned counsel for the petitioner submits that

                   petitioner is a person with clean antecedent and the informant

                   alleges that during internal audit on 17.07.2025, it came to

                   notice that an amount of Rs.10 lacs in the name of customers for

                   purchasing two wheeler were sanctioned fraudulently without

                   the knowledge of the customers, further during enquiry, it

                   transpired that Prince, Manish, Vikash and Adarsh, all

                   employees of Bajaj Finance had got the fraudulent loan
Patna High Court CR. MISC. No.8970 of 2026(2) dt.24-03-2026
                                            2/3




          sanctioned, further petitioner, Premchand and Abhay who are

          dealers accepted their guilt in the occurrence.

                       4. Learned counsel for the petitioner submits that

          petitioner has been falsely implicated in the instant case by the

          informant being a dealer. It is next submitted that no doubt some

          amount was credited in the account of the petitioner but then

          petitioner on dictate of Adarsh returned the amount in the

          account of Anmol Raj and Chaman Kumar.

                       5. Learned A.P.P. for the State vehemently opposes the

          prayer for anticipatory bail of the petitioner and submits that

          from perusal of the allegation as alleged in the FIR, it would

          manifest that informant who works for Bajaj Finance Company

          has alleged that during internal audit, it transpired that

          employees of Bajaj Finance Company in connivance with the

          dealers including the petitioner are involved in fraudulent

          transaction of getting loan sanctioned in the name of customers

          and thereafter the money was credited in the account of the

          dealers and from there it was routed to different persons

          including the employees, as such it is submitted that even

          dealers were aware that fraudulent transactions are taking place.

          It is next submitted that if any amount was credited in the

          account of the petitioner with regard to loan sanctioned in the
             Patna High Court CR. MISC. No.8970 of 2026(2) dt.24-03-2026
                                                         3/3




                       name of customers and in lieu whereof no purchase of any

                       vehicle was made in that event the bonafide of the petitioner

                       could have been established if the money was returned to the

                       company or the company was made aware but then the same

                       was not done rather in the FIR, it is alleged that petitioner

                       accepted his guilt. It is also submitted that investigation in the

                       case is continuing.

                                    6. Considering the submissions made by the learned

                       APP, the Court is not inclined to extend the privilege of

                       anticipatory bail to the petitioner.

                                    7. The anticipatory bail application of the petitioner is

                       rejected.



                                                 (Satyavrat Verma, J)
amit/-

U        T


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